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PGI Announces New Mission Strategic Plan

Polymer Group Inc. (PGI), North Charleston, S.C., has released new mission and vision statements, and put a strategic plan in place to guide company operations. Strategies include a focus on core businesses, streamlined manufacturing, customer-driven innovation, long-term partnerships, expansion in key markets and effective balance sheet management. As PGI begins a new era in its history, we have a unified and clear understanding of our purpose, direction and path to success, said James L. Schaeffer, CEO. [The year] 2003 has been, and will continue to be, a year of stability, operational improvement and internal fortification to establish a strong foundation for growth.In related news, PGI has named Willis C. Billy Moore III CFO.

December 2003




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