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Nehemiah Mfg Co Providing a Second Chance

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Hexcel Turnaround 2001 B

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Company: Hexcel Corporation Industry: Composite Materials Industry Report Number: C1010 On January 3, 2001, Hexcel Corporation initiated a comprehensive turnaround strategy for their business. The strategy consisted of the following components: 1. Reduction of operating costs – Hexcel initiated a comprehensive cost reduction program to reduce operating costs by $200 million by the end of 2001. The program included hiring freeze, wage freeze, job cuts

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Cabot Pharmaceuticals Inc

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