Message from John O’Sullivan
February 27, 2024

The Transportation market has been impacted by lower freight volume and this has resulted in lower customer orders in 2024. The by business has faced competitive pressures from alternative materials for the past several years which has also reduced the sales growth. We  have completed a detailed review of the business and I am announcing a reorganization of the Transportation market. The reorganization will better align our resources withy current marketing conditions and market focus.