John Hanson Quotations
John Hanson Quotes about:
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Continue Quotes
He's a very good mentor. I want to continue what we started in Tom's office in encouraging agricultural entrepreneurship and value-added agriculture issues such as energy. We're off to a great start with the ethanol industry. I think we're at the dawn of an exciting era in agriculture.
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Closely Quotes
We continue to perform very well in controlling costs and driving operating improvements. Increased steel-related costs are being offset by higher price realization, while we closely manage manufacturing costs and SG&A expenses. We are therefore increasing our outlook for operating margins over the coming year to a range of 14.6 to 15.5 percent of sales from the previous outlook averaging 13.3 percent.
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Corn Quotes
We have to stop out-migration in Nebraska, and we have to do it with agriculture. The Third District is the largest agricultural district in the U.S. It's No. 1 in cattle, in corn and has the highest per capita number of people working in agriculture. I am the only agriculture guy in the race.
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Actions Quotes
We are continuing to experience strong demand in original equipment and for aftermarket services from our customers. Our efforts to increase our capacity to meet their needs have resulted in overall revenues increasing at a dramatic pace. We will continue to take actions necessary to maintain high service levels to our customers and our overall industry leadership position.
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Ability Quotes
We believe that we will continue to experience incoming order rates in excess of quarterly revenues for several quarters, although quarterly bookings will remain volatile. Critical to our success will be the ability to meet the needs of our major customers, alleviate the supply chain constraints restricting revenue growth, and drive increasing operating margins at higher business volumes.
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Approved Quotes
The capacity expansion project for P&H Mining which was approved by our board in May will not be completed until the end of fiscal 2006. The only other new capacity that will be coming on line in the next 12 months is the shuttle car and motor centers of excellence for Joy Mining in Lebanon, Kentucky, though, for the most part, Joy Mining is constrained by supply chain limits rather than internal capacity. Therefore, it is imperative that our critical suppliers support us as we strive for increased revenues. Assuming that progress can be made in this area, we now believe that total revenues in the coming 12 months will be in the range of $2.15 to $2.35 billion.