CINCINNATI, Ohio (Oct. 19)—Rubber Division officials have reported progress on the financial front. The division is $140,000 under budget as of June, and the situation is improving, said Treasurer Christopher C. Probasco of Flexsys America L.P. He and Assistant Treasurer Kurt Nygaard of Harwick Standard Distribution Corp. warned 18 months ago that the division was spending more than it was taking in, and risked its future if it didn´t cut costs and increase revenues. "We are finally healthy," Probasco said, following a series of changes enacted over the last year or so, from raising various fees to instituting cost controls.
Monetary situation improves for Rubber Division
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