Now that the merger is completed and we have had a closer look into Champion's businesses, we are even more optimistic about the opportunities this acquisition will provide, |
Although the economic problems in Southeast Asia continue to affect some of our major businesses, we've made significant progress in completing our restructuring program that was announced last July. |
As the buildings were modified through the years, they were not efficiently sealed for the control required in an air conditioned environment. |
At least 62 low-income countries need both immediate, unconditional debt cancellation and extra aid to meet the U.N. development goals. |
At some point in the future, I think there will be relatively few companies competing on a worldwide basis, ... From IP's perspective, what we are doing is building a strong leadership position in each of our businesses. |
At some point in the future, I think there will be relatively few companies competing on a worldwide basis. From IP's perspective, what we are doing is building a strong leadership position in each of our businesses. |
But the market and economic conditions we are facing require that we further reduce costs within the company, ... We are realigning our resources as necessary to improve our financial results, while continuing our commitment to serve our customers. |
But the market and economic conditions we are facing require that we further reduce costs within the company. We are realigning our resources as necessary to improve our financial results, while continuing our commitment to serve our customers. |
Champion declared our offer to be superior yesterday, ... So at this point we are the superior offer and we expect to go forward and merge the two companies. |
Don't get caught up in the horror that is Paul Runge. Don't make the jump that only a crazy person could do this. |
Due to wet weather conditions, our wood costs were much higher than expected. However, these costs were partially offset by lower purchase prices for other raw materials and the continued success of our cost-reduction program. |
It had shops, it had academics. |
Market conditions are more favorable than we've seen in some time. Our efficiency and cost-reduction efforts have racked up record savings during the last two years and are on pace to do so again in 1999. |
My job now is to keep the nucleus of the side for next season. |
Nevertheless, the world economic environment is continuing to pressure our business even as we move into a seasonally stronger part of the year. |