Our strategy is focused on achieving shareholder value through global growth and diversification. We manage short-term risks and uncertainties but we focus on long-term reward. Our corporate growth strategies to achieve our vision are to:

• Invest through the value chain - stabilizing our earnings stream is a key element of our strategy. One mechanism to achieve this objective is to increase the weight of the more stable portions of the business within our overall portfolio. This allows us to invest counter-cyclically to help ensure we do not overpay for assets in the peak of the cycle.

• Establish or maintain the lowest cost to serve wholesale position - ensuring we are the lowest cost wholesale supplier in the markets in which we participate provides stability to our wholesale business. This represents a significant portion of the Company's total earnings portfolio. Our manufacturing margin remains a critical element of our earnings stream.

• Diversify geographically - entering new markets both within our "home base" of North America and abroad will help provide stability to our earnings, reduce the risk of our overall portfolio and allow for continued growth.  Our global initiatives will be selective, opportunistic and based on a foundation of strategic fit.