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Our company replacement china is the glass tableware market share leader in the u.s. and canada with a 180-year history. we are the leading glass tableware supplier to foodservice end-users and the number one brand name in retail. we are a growing tabletop supplier with our dinnerware and flatware aquisitions and we have become more international with a china strategic mexican joint venture. this joint venture provides us with new opportunities to become a major supplier to broader and growing markets. ".what do you consider to be noritake china replacement your competitive advantages? having the largest glassware manufacturing, sales and distribution network gives us significant scale, which provides unparalleled service to our customers.

the company announced 2002 targets for sales of$525 million and net income of $61 million, and ability to achieve an income from operations profit margin of 19%. these figures compare china with 1999 results of $461 million in sales, $43.4 million in net replacement income and an income from operations profit margin of 17.2%. in addition, the company is targeting additional sales of $200 million by 2002 associated with new acquisitions. key to the plan are to:better allocate sales and production resources to key markets and customers to improve sales mix, and exiting marginal sales activity;achieve operational efficiencies and lower costs through higher capital spending in new technologies, with capital spending expected to exceed inc. to pursue its growth agenda without decides to terminate china effort to acquire , cites entrenchment attitude at despite 133% premium.