Fidelitone Logistics Discusses Acquisition Strategy with Crain's Chicago Business
Chicago Entrepreneurs Share their 2010 New Year's Resolutions
January 11, 2010
Crain's Chicago Business
By Christina Le Beau
http://www.chicagobusiness.com/cgi-bin/mag/article.pl?articleId=32903&seenIt=1
If 2009 is a year you'd rather forget, you'd be in good company. But with a whole new year ahead, it's time to rethink, start fresh and aim high. We checked in with 10 local entrepreneurs to see how they plan to make 2010 a year to remember. Maybe their ideas will inspire some resolutions for your own small business.
BUY TO DIVERSIFY
Josh Johnson, 38
Fidelitone Logistics, Wauconda
Supply-chain management
2009 sales: $350 million
"We want to complete at least two acquisitions that further expand
and diversify our service offerings. As we increase the scope of
solutions we offer clients, we can reduce the logistics costs and
number of suppliers each client has to work with. To drive that
strategy, we've promoted our former director of mergers and
acquisitions to serve as vice-president of strategic affairs. He'll
be responsible for analyzing future investment targets, including
companies with a distribution and/or transportation focus."
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