Our company is one of the most recognized brand names in consumer housewares in the United States and the leading brand name in glass tableware. Its products are sold in major retail channels of distribution in the United States and Canada, including mass merchants, department stores and specialty housewares stores. Click here
The company announced 2002 targets for sales of$525 million and net income of $61 million, and ability to achieve an income from operations profit margin of 19%. These figures compare with 1999 results of $461 million in sales, $43.4 million in net income and an income from operations profit margin of 17.2%. In addition, the company is targeting additional sales of $200 million by 2002 associated with new acquisitions. Key to the plan are to:Better allocate sales and production resources to key markets and customers to improve sales mix, and exiting marginal sales activity;Achieve operational efficiencies and lower costs through higher capital spending in new technologies, with capital spending expected to exceed Inc. to Pursue its Growth Agenda Without Decides to Terminate Effort to Acquire , Cites Entrenchment Attitude at Despite 133% Premium.
Frequently Asked Questions How does fine china and fit into your total strategy? We are becomng a more important resource of supply items to the foodservice industry. Our china''s high-quality ceramic dinnerware has a major presence in restaurants nationwide, and ''s selection of imported metal flatware and holloware and ceramic dinnerware, round out our portfolio of foodservice industry tabletop products. And in 1998 we began to sell these high-quality products through retail channels of distribution, opening up exciting new sales opportunities.How do you plan to grow your business? We will grow through two principal routes. First, we will grow by accelerating the execution of additional acquisitions of domestic foodservice supply companies. Second, we will become a more prominent producer of glass tableware globally by exploring new business combinations or "green meadow" facilities if that is the best route. At the same time, we will continue to invest in growing existing businesses with new marketing programs and accelerated new product development.
The company designs, manufactures and markets under our well-recognized brand name an extensive line of high-quality, machine-made glass tableware. Our company maintains over 2,000 stock-keeping units in one of the most extensive product portfolios in the North American glass tableware industry. Its glassware manufacturing facilities and distribution network in North America, the largest in the glassware industry, enable it to provide a high level of service to all its end users for glass tableware. In addition, the company is a joint venture partner with the largest glass tableware manufacturer in Mexico. We provide distinctive products at a competitive cost structure. At our company, we think we are like the tortoise: sound, stable and focused on the goal.
Click here - Our company is one of the most recognized brand names in consumer housewares in the United States and the leading brand name in glass tableware. Its products are sold in major retail channels of distribution in the United States and Canada, including mass merchants, department stores and specialty housewares stores.
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