From wikiMHEDA

Material Handling Headlines

After suffering heavy losses in the first half of 2009, Barloworld released a statement forecasting a strong cash flow for the remaining two quarters. In a press conference earlier this week, CEO Clive Thompson announced an increase in cash generation and other strategic steps to ensure prosperity in the coming months. Thompson also stated the company has a very clear vision as a market leader as well as a clear strategic focus for the future.

Barloworld’s profits fell 63% in the first half of 2009, partially as a result of reorganization charges, but Thompson says that the company is well-positioned and is confident in its management team.

Click here to read the full story.

RSS Feed  

Comment(s) Post a Comment   Be the first to comment on this News Item.  Comment on this News Item: Name: Company: Email: Comment: Security Code: Reload Image Enter the text shown in the box above. Comments that include profanity, personal attacks or antisocial behavior such as "spamming," "trolling," or any other inappropriate material will not be posted to the site and/or will be removed from the site. You are fully responsible for the content you post. Neither the Association nor the publisher of this website, Data Key Communications, Inc, are responsible for the contents thereof or the opinions of the contributors. Contact and company information entered must be true and accurate. By submitting a comment, you agree to these terms and conditions.

More Headlines Showing Page 1 of 200 1 2 3 4 5 Next›   Last›› 12/20/2011 Manufacturers To Double Internships ...more | Comments Industry leaders commit to double engineering internships. 12/20/2011 New Orders Grow In 2011 ...more | Comments Equipment orders grow 17.1 percent in first half. 12/20/2011 Coca-Cola Moves To Fuel Cells ...more | Comments Crown Equipment to provide trucks. 12/19/2011 Robotics Event Held In Indiana ...more | Comments Indiana Robotics Invitational inspires young people. 12/19/2011 BMW Seeks Methane-to-Hydrogen Conversion ...more | Comments Automaker launches $1 million project to convert landfill gas. 12/19/2011 CEMA Reports Growth ...more | Comments Booked Orders Index up 7 percent over 2010. 12/16/2011 Small Business Contracting Increases ...more | Comments Federal government shows increase in contracting dollars to small firms. 12/16/2011 U.S. Leads World In Hydrogen Forklifts ...more | Comments More than 1,500 forklifts deployed or ordered in 2010. 12/16/2011 Supply Chain Impacted By Social Media ...more | Comments Social media are having an effect on supply chains and procurement. 12/15/2011 NMHG Receives Top Plant Award ...more | Comments Berea, KY manufacturing facility receives 2011 Top Plant Award.