text: Long-Range Strategy:*Translating Potential Into Results (continued)*
  
  As a leadership team, we have developed a long-range strategic plan 
  
  to accelerate profitable growth. Our plan includes numerous growth 
  
  opportunities across our business, and implementation is underway, including: 
  
  • Leveraging sales capabilities and existing CRM (Customer Relationship 
  
  Management) processes to expand our value-add and reach new customers 
  
  • Strengthening our position in attractive vertical markets while growing in 
  
  our core segments 
  
  • Expanding our products and solutions; growing our core bearings and 
  power transmission business at a rate greater than the market, along 
  with focused product expansion via logical extensions and enhanced local 
  capabilities 
  
  • Building on our fluid power market leadership via strengthened product 
  
  offerings and value-added services for OEM and MRO customers 
  
  • Enhancing our operational excellence by capturing the full benefits of our 
  
  ERP system and driving continuous improvement with customers, suppliers 
  and throughout our operations 
  
  • Accelerating strategic acquisitions by leveraging our cash generation and 
  
  strong financial position to extend into new markets 
  
  Today, nearly 90 years since our founding, we are well-positioned and 
  
  committed to realizing our potential – a potential that builds upon a proud 
  
  past and the dedication of our associates around the globe. 