Springfield Precision Instruments Inc., Wood-Ridge, NJ Robert Amter was appointed Chief Executive Officer of Springfield by its owner The CIT Group/Private Equity Investments Inc.  Springfield was a CIT leveraged buy-out from Sunbeam Corp. Situation: $20 million in sales Springfield is a manufacturer of household and garden analog and digital thermometers and timers.  Thermometers have been … Continue reading Case Study: Springfield Precision Instruments Inc.