Reducing the weight curbed material costs and enabled the company to use a cheaper engine.
"But, for now, the Olympic debate revolves around material costs and benefits rather than glory".
"Every possible cost is going up, including raw material costs and my rent, but I can't raise prices.
Savings in material costs and assembly time are facilitated by locating the prefabrication operation at a permanent site.
Hanger attributed the expected decline to a drop in same-center sales, along with increases in material costs and administrative expenses.
DuPont, the chemicals maker, posted a third-quarter loss, hurt by high raw material costs and a $1 billion charge for the planned disposal of its textiles business.
Some of the increases are going toward covering higher material costs, and the companies are also taking advantage of strong demand.
American growth prospects, sped along by the collapse in raw material costs and the price of oil, seem robust enough to take an upwards adjustment in their stride.
But the real challenge now is one familiar to many similar industries: raw material costs and the state of the end-market.
Posco and other Korean steel makers raised prices to reflect higher raw material costs and surging demand at home and in China, the world's fastest-growing market for the metal.
Equally, companies that are able to identify and understand their dependence on natural resources along the value chain are well placed to manage underlying risk from rising raw material costs, and scarcity of supply issues.
