Said Rykhus, "We continue to see solid, sustainable growth in the energy and agricultural markets. Deliveries of geomembrane films for environmental protection were particularly strong in the second quarter, stemming from a reservoir project in Ohio. We anticipate that geomembrane films will be a rising part of our market mix for this division, due to the critical need to protect water and other environmental resources."Within Engineered Films we're enhancing margins and profitability through improved operating efficiencies and a more aggressive pricing strategy. While plant utilization rates continue to rise according to plan, we do have extrusion capacity to further grow this business—which we intend to do through R&D investments in new growth opportunities as well as enhancements to our existing product line," Rykhus concluded.
Raven Industries Reports Fiscal 2013 Second-Quarter Results
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