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Husky hopes Asian market will buoy its sagging bottom line

Article Abstract:

Husky Injection Molding Systems Ltd., manufacturer of Cadillac of injection molding equipment is expected to go bigger but cheaper in the lucrative Asia-Pacific market in a strategic thrust to increase profits. Husky's move in China will complement an already strong sales and service presence in that market by adding up to 250 employees in the region who can deliver products faster and more cheaply.

Author: Pooley, Erin
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
Sales, profits & dividends, Plastics Products Equipment, Plastics and Rubber Industry Machinery Manufacturing, Market share, Special industry machinery, not elsewhere classified, Paper industries machinery, Woodworking machinery, Wood Products Machinery, Sawmill and Woodworking Machinery Manufacturing, Machinery industry, Company sales and earnings, Company earnings/profit, Company market share, Husky Injection Molding Systems Ltd.

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Domtar set to slash 800 jobs as rising dollar boosts costs

Article Abstract:

Domtar Inc., the Montreal-based company is cutting down almost 800 jobs and indefinitely shut part of its Cornwall, mill operations to manage with the impact of a stronger Canadian dollar in December 2004. In addition, it is also cutting another 400 jobs across operations in Canada and the US by the end of 2005 to gain greater efficiencies.

Author: Marotte, Bertrand
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
Personnel administration, Paper mills, Paper industry, Domtar Inc., DTC, Downsizing

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