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Sullivan said considerable credit for gains in profitability could be directly linked to the Company's aggressive expense management programs, improved productivity through long-term capital investment in new bakeries and major plant upgrades and introduction of the extended shelf life program (ESL) to all IBC product lines. The investment made over the past few years in new bakeries and major plant upgrades, along with our extended shelf life program (ESL), is driving this improved productivity and expense reduction. Our extended shelf life program will continue to play a significant role in cost control, with the added benefit of improved quality and availability of our products. |
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