TROY, MI – After shedding nearly 700 jobs, renegotiating union contracts, closing a new plant in Webberville, MI, and leveraging low-cost operations, Behr America Inc. expects a return to profitability in 2011 and perhaps even this year. “We’ve had to make adjustments. We didn’t have much choice because the market downturn was rapid and drastic,” President and CEO Heinz-J. Otto says at a media briefing this week. “We are well on plan to turn things around,” he says. “We are coming out of ...
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