THE LEHIGH PRESS -- The Midas Touch. . . Again!
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Frick attributes some of Lehigh's rapid success in its Fix. . .Build. . .Buy growth vision to its important 1999 recapitalization and financial support from Fleet Capital, whose financial backing and confidence have provided the economic resources for robust growth. Lehigh has operationally improved its overall financial foundation by a careful combination of cost-model rationalization, focused capital spending geared toward enhanced productivity, and concurrently strengthening the company's sales and marketing engine. These goals have been accomplished while also achieving an impressive $8 million debt reduction in the year 2000.
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- Companies:
- Heidelberg
- Lehigh Press
- Places:
- Lehigh
- Pennsauken, NJ
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