Hexcel Corp. will shrink the size of the company to reduce costs and increase cash flow
Hexcel Corp. will shrink the size of the company to reduce costs and increase cash flow. Anticipating lower revenues in 2002, Hexcel expects to reduce its total work-force by 25% or 1,500 people by the end of 2002. In addition, the company plans to reduce 2002 capital expenditures to no more than...
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