Concert Industries.Roll goods producer Concert Industries, Vancouver Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , Canada, has released figures for the third quarter of 1999, Quarterly sales equaled $12.6 million, a considerable increase over 1998's $3.6 million. Net income also rose from $105,590 in 1998 to $2 million in 1999. Year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. sales amounted to $32.8 million versus last year's $9 million. Earnings for the first three-quarters of 1999 totaled $3.9 million over $481,821 for the same period in 1998. Concert's improved financial results are reportedly due to heightened operational efficiency and an increase in plant capacity utilization Capacity Utilization measures the rate at which a firm makes use of their capital productive capacities, such as factories and machinery. Capacity Utilization generally rises when the economy is healthy and falls when demand softens. at its North American operation North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. , together with successful expansion into Germany. |
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