Baking&Snack - February 2012 - (Page 24)
Baking & Snack’s 19th Annual Capital Spending Survey predicts greater focus on strategic investments with heavy emphasis on new product introductions, increasing productivity and quick return on investment.
When it comes to the economy, it’s the same old story about slow or no growth, persistently high unemployment and consumers who continue to search for a little confidence. When it comes to dealing with vola-
tile commodity prices or unpredictable government regulations, the baking and snack industries have learned how to take a punch and keep on standing. Despite an uncertain future, companies invested big
time in 2011. But what is the 2012 capital spending outlook? “If there is a theme for 2012, it’s ‘steady as she goes,’ ” noted Marjorie Troxel Hellmer, president of Kansas City, MO-based Cypress Research
/ Baking & Snack / February 2012
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