John Dillon Quotes (22 Quotes)


    As the buildings were modified through the years, they were not efficiently sealed for the control required in an air conditioned environment.

    There's no question in my mind we will be a stronger company.

    Don't get caught up in the horror that is Paul Runge. Don't make the jump that only a crazy person could do this.

    Market conditions are more favorable than we've seen in some time. Our efficiency and cost-reduction efforts have racked up record savings during the last two years and are on pace to do so again in 1999.

    Champion declared our offer to be superior yesterday, ... So at this point we are the superior offer and we expect to go forward and merge the two companies.


    not significantly impacted as the company translates its European earnings to the United States.

    They're headquartered very close to our headquarters, their businesses fit very well with ours - big printing papers business, an important wood and timber business - they've got a nice, nice position in Brazil, as well as a position in Canada,

    The timing of the economic recovery remains uncertain, ... We didn't see any meaningful impact from it on our sales volumes and revenues this quarter. So, I am very pleased with what we have been able to accomplish by focusing on those factors we can control.

    We've said all along that bringing together International Paper and Champion makes good sense because of the tremendous opportunities presented by a combined organization.

    Not only are our markets getting better and our internal cost-cutting programs succeeding, we are also seeing the benefits of our merger with Union Camp reflected in our earnings. Going forward, we will continue to manage production in line with our customer orders and not build inventory.

    Prices on several of our key products have started to move up in the U.S. and some of our major Asian markets are beginning to recover from the economic problems of last year, ... Overall, business has clearly improved, and we are optimistic that the price increases we announced will be fully implemented during the second quarter.

    Our merger with Union Camp is going not only well, but well ahead of expectations.

    These second-quarter results continue the favorable trend in industry conditions that we began to see earlier this year. We will be divesting or closing operations that no longer meet the company's financial or strategic objectives.

    We completed the first quarter with strong momentum, and we continue to improve our underlying cost structure in a difficult macro environment,

    At least 62 low-income countries need both immediate, unconditional debt cancellation and extra aid to meet the U.N. development goals.

    Our capacity management and divestiture efforts, coupled with a rigid financial discipline, are having a favorable impact on our performance and will continue.

    We've got the best bid, we're excited about Champion, it's a company that fits very well with International Paper ( IP Research , Estimates ). They're headquartered very close to our headquarters. Their businesses fit very well with ours - big printing papers business, an important wood and timber business - and they've got a nice, nice position in Brazil, as well as a position in Canada. We see 425 million in merger benefits from putting two U.S. organizations together.

    Nicky repeatedly stressed the value of advanced planning, preparation, and attention to detail. In addition to telling us some great stories, he validated the things we do already, gave us some great tips on how to improve our game and, most importantly, taught us a lot about making pace notes. Several of the the things he described came into play this weekend.

    Due to wet weather conditions, our wood costs were much higher than expected. However, these costs were partially offset by lower purchase prices for other raw materials and the continued success of our cost-reduction program.

    But the market and economic conditions we are facing require that we further reduce costs within the company, ... We are realigning our resources as necessary to improve our financial results, while continuing our commitment to serve our customers.

    These are difficult decisions impacting mills with a significant history for our company, ... However, the strong dollar has continuously weakened our export business in containerboard, while increasing imports of coated paper.

    Nevertheless, the world economic environment is continuing to pressure our business even as we move into a seasonally stronger part of the year.


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