5th June, 2007: Investing for the future!
Each year, Bigelow Tea reinvests money into the company to make it run more efficiently and to maintain/improve the operation. Different divisions evaluate what (and how) they are doing and submit proposals for capital projects they feel are appropriate for the upcoming year. Since our fiscal year runs July to June we are in the middle of reviewing what capital projects will be approved.
For our new year, the company is reinvesting around $2 million into improvements for the operation. This is impressive when compared to some companies that are just focusing on making more money today vs. making sure the company and products will be here for the future.
Dean
Posted by Dean at 6:00 am |
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