Page 20 - Shareholders Report 2021

ORLANDO-MELBOURNE INTERNATIONAL AIRPORT
TERMINAL RENOVATION AND EXPANSION
MELBOURNE, FLORIDA
DELIVERY GROUPS

Delivery Group

Manufacturing

Core

$ 72.6
million
OVERVIEW 2021 Sales against a
Manufacturing Core (M-Core) budget of $53 million
finished 2021 with contribution
of $2.1 million against a budget of $ 46.9
$4.6 million. Examination points to
three major causes of the shortfall: million
1) escalation of commodity prices, 2021 Revenue against a
budget of $42.8 million
2) skilled labor shortages resulting
in increased overtime premiums
and sub-manufactured buyout, $ 2.1
and 3) reduction in anticipated Risk million
Management Reserve (RMR). 2021 Contribution
M-Core earned $46.9 million in against a budget
of $4.6 million
revenue, exceeding our budgeted
goal of $42.8 million. Additionally,
we achieved our second-best 130,000
sales year ever, recording $72.6 Work-in-Place
million in sales against a budget of (WIP) Manhours
$53 million. This contributed to a
0.0
record backlog of $48.7 million.
Work-in-Place
(WIP) Recordable
Incident Rate

18 Haskell | 2021 Annual Report to Shareholders