Page 22 - 2022 Shareholders Report

PROJECT PINEAPPLE
ORLANDO, FLORIDA

DELIVERY GROUPS

LAMB WESTON | WASTEWATER TREATMENT PLANT
AMERICAN FALLS, IDAHO

“ PepsiCo and Cortez have CORTEZ, INC. LOOKING AHEAD
Cortez, Inc. was founded in 1973 and joined the M-Core has grown to include five business units
enjoyed a strategic and Haskell family of brands in 2022. The team of more representing over 130 Haskell team members and

valued partnership for more than 75 pipefitters, millwrights, superintendents, over $8.5 million in forecast contribution. The
project managers, estimators and administrators combined M-Core teams in Haskell Steel, Cortez
than two decades. Cortez focuses on process piping, utilities and and Project Services will focus on aligning business
has done an outstanding job manufacturing equipment installation. The Cortez practices and creating synergies between the
team previously worked as a Haskell subcontractor estimating, procurement, project management
performing services related to for over 25 years. Its acquisition has brought new and fabrication teams of each business unit.
manufacturing line installations expertise in the self-performance of process and This will be achieved through the continuance of
packaging system installations and stainless- the strategy set in 2021 and outlined in the four
and process piping. We know steel fabrication to the Haskell toolbox. The bulk operating principles of M-Core: 1. Discipline: focus
we can always count on Cortez of Cortez’s work is providing direct services to on execution by aligning business practices with
manufacturers and OEM suppliers for customers in Haskell standard operating procedures;
to deliver excellent results. We the food, beverage, dairy, consumer products and 2. Optimization: eliminate bottlenecks, increase
look forward to continuing our life science markets, and it provides Haskell with production workflows, and document standards
strategic insights into many of our core markets. of work; 3. Evolve: expand our product offerings
strong working relationship.” Cortez’s performance was tracked starting in June. to meet our customers needs; 4. Standardize:
From June to December, the Cortez team expended apply standardization and manufacturing
JOHN THIBODEAU, PEPSICO BEVERAGES NORTH AMERICA,
SVP MANUFACTURING, ENGINEERING AND SUSTAINABILITY more than 50,000 hours and produced $750,000 principles to current operations beginning
in contribution to Haskell with a 6.3% margin. at design and moving through execution.

20 Haskell ◆ 2022 Annual Report to Shareholders