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1) Test lapplication of electrostatic coabn g<br />

powder at Armstrong Products, in Wgrsa+r .<br />

Indiana.<br />

2) Milpriott's Education Divfdion produe a<br />

'4ans.Vision overlays-as showm here-that<br />

are used in textbooks and industrial manuals .<br />

3) Press rolls of Milprint packaging materrak<br />

medby national cuatomers:<br />

4) Kentucky Governor Wendall H : Ford (L),<br />

with Nicolet Paper presidennRobert G. E«erp<br />

announcing plinned constructton of new pape r<br />

coating materiaisoperation in Ni¢holasvillt.<br />

<strong>http</strong>://<strong>legacy</strong>.<strong>library</strong>.<strong>ucsf</strong>.<strong>edu</strong>/<strong>tid</strong>/<strong>deg12a00</strong>/<strong>pdf</strong><br />

.~ .<br />

~'~ .. ._ q=,<br />

I) Quality control check at Milprint's<br />

Milwaukee plant.<br />

2) Night view of one of Milprint's six<br />

packaging facilities<br />

. 3) Checking the print job on Kellogs s Peps<br />

INekzges.<br />

4) Specialty paper used for food packagin<br />

., in<br />

gio production,at Nicolet Paper Co<br />

De Pere, Wisconsiat.<br />

5) Fmployteconcentration on one of Philip<br />

Morris Industrial 's produ --- "---<br />

(000 omutted) 1972 1911 197 0<br />

Operating<br />

Revenues $113,136 f93 .513 f17,87 5<br />

Operatin g<br />

Income 7,735 . 6 .13.5 6,06 9<br />

Philip Morris Industrial exceeded<br />

$100 million in operating revenues<br />

for the firsttime in 1972 by recording<br />

an 18% inerease over 1971 .<br />

Operating income was up 26% .<br />

There are several reasons for this<br />

favorable performance . The<br />

improvement in the U .S. economy<br />

was one important factor ; also the<br />

company's increased emphasis on<br />

strategic marketing of sophisticated<br />

high margin products was successful .<br />

Milprint Inc. increased revenues . Its<br />

operating income, however„was<br />

down slightlyftom 1971 due to the<br />

cost of enlhrging its marketing<br />

organiiation and strengthening its<br />

markenpromotions . Initiated in 1971 .<br />

the new marketing programs should<br />

have a positive etiect on earnings in<br />

1973 ; The company entered 1973<br />

with a substantial backlog of orders .

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