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Article: 2009 International Top 40: waiting for recovery.
- Article from:
- Nonwovens Industry
- Article date:
- September 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Rodman Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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If there was one thing nearly every company in this year's top company report has in common it's, not surprisingly, that they have all faced difficulties during the past 12 months. If there's another thing they have in common, it is that they are optimistic not only that recovery is near but that they will be well prepared for growth when that day comes.
During 2008, most of the companies profiled reported growth, despite a serious slowdown beginning in the fourth quarter when the global economic crisis hit. These troubles have continued into 2009 for most, leading to staff reductions, line closures and other cost-savings measures. Even in this climate, however, ...