date:Jun 27, 2014
and cost reduction. Improved efficiencies will be the catalyst behind cost reduction and the company announced it has undertaken a strategic review of its North American operations with an eye toward capacity reduction. The company did not share details of the results of the strategic review, but Don Mulligan, c.f.o., said the company would provide an update in about 90 days.
With regard to innovation plans for fiscal 2015, the company did provide more detail and Mr. Powell noted a key driver o