Strategic Action: Align with Market Demand
Consolidate/Restructure Plants
- Customers do not consider plant proximity a priority
- 45% of orders are shipped over 200 miles from plant
- Larger plants create cost advantages
- We can improve our capacity utilization
- Consolidate/restructure 9 plants, generating a targeted $12 mm annual operating income benefit in 18 months versus today
- Expected annual benefit when fully implemented is $20 mm