Slide 20 of 35
Notes:
“OUR GOAL IS TO DELIVER VALUE TO OUR CUSTOMERS IN THE WAY IN WHICH THEY DEFINE IT, USING OUR BEST ASSETS: OUR PEOPLE AND OUR TECHNOLOGIES.”
BUT SIMPLY PUT, OUR GOAL IS TO DELIVER VALUE TO OUR CUSTOMERS IN THE WAY, IN WHICH THEY DEFINE IT, USING OUR BEST ASSETS: OUR PEOPLE AND OUR TECHNOLOGIES.
ONE OF H.B. FULLER’S STRENGTHS IS OUR BREADTH OF OUR COLLECTIVE EXPERIENCE. THERE ARE VERY FEW INDUSTRIES OUR EMPLOYEES HAVE NOT TOUCHED.
LIKEWISE, TECHNOLOGY IS AN ASSET. FOR THE PAST SEVERAL YEARS, WE HAVE LINKED OUR R & D EFFORTS AND THE SUBSEQUENT DEVELOPMENT OF TECHNOLOGY MORE CLOSELY WITH MARKET NEEDS. OUR APPROACH TO FOCUS ON DEVELOPING PRODUCTS AND TECHNOLOGIES THAT PROVIDE GROWTH AND PROFITS IS PAYING OFF; IN 2003, SALES FROM NEW PRODUCTS ACCOUNTED FOR 16 PERCENT OF TOTAL COMPANY SALES, COMPARED TO 13 PERCENT AT THE END OF 2002. OUR ANNUAL GROWTH OF OUR NEW PRODUCTS CONSISTENTLY REACHES OR SURPASSES THE 30 PERCENT RATE.
HERE ARE JUST A FEW EXAMPLES OF SOME OF OUR NEW PRODUCTS AND TECHNOLOGIES.