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a variety of retail channels. Additionally, greater total trade activity, bolstered by a strong
dollar, will also cause manufacturers and wholesalers to demand more refrigerated storage
space. As a result, over the five y ears to 2021, industry revenue is projected to grow at an
average annual rate of 2.0% to $5.0 billion. Additionally, greater demand and lower costs
from improved efficiency are expected to bolster industry profitability.
Prepared for Growers Ice Company, Inc.
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Jim White, PhD --- JL White International