In our BioMeasurement Division planned cost reductions are nearly complete and we’ll substantially reduce the Division’s operating loss in fiscal 2011. The cost reductions in the BioMeasurement Division are part of our previously announced plan to further reduce our cost by $25 million on an annualized basis. These planned cost reductions are on track and will begin to benefit our results in the first quarter of fiscal 2011.I’ll turn the call over to Kathleen now for an update on the Disk Drive Components Division.
Hutchinson Technology CEO Discusses F4Q2010 Results - Earnings Call Transcript
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