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[PHOTO OF CHARLES H. CANON] Charles H. Cannon
Vice President and General
Manager,
Food and Transportation
Systems
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FMC FoodTech FMC Airport Systems
Your Partner in Solutions, Safety and Service
[PHOTOS OF FOOD] [PHOTO OF AIRLINE EQUIPMENT]
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Food and Transportation Systems
2000 Forecast
[PIE CHART]
Food and Transportation 21% $800M
Energy Systems 28%
Industrial Chemicals 20%
Agricultural Products 18%
Specialty Chemicals 13%
Total FMC Sales = $3.9 Billion
[PIE CHART]
FoodTech Approx 2/3
Airport Systems Approx 1/3
Total Food & Transportation Sales = $800 Million
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Food and Transportation Systems
Segment Capital Employed
[PIE CHART]
Food and Transportation 15%
Energy Systems 16%
Industrial Chemicals 26%
Agricultural Products 20%
Specialty Chemicals 23%
Total June 2000 capital employed = $2.7 Billion
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Food and Transportation Systems
Segment Sales ($M)
[Bar graph A]
1,000
889.5
868.2 826.3 --
800
738.8
600
400
200
0
1996 1997 1998 1999 2000 Fcst
Segment EBIT ($M)
[Bar graph B]
80
72.8 --
60 63.9 64.2
40 42.0
20
0
1996 1997 1998 1999 2000 Fcst
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Food and Transportation Systems
. Products differentiated by technology and
service
. #1 or #2 market positions
. Consolidating fragmented industries
. Growing aftermarkets
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FoodTech: Industry Leader and Partner
Major Customers
--------------------
. #1 in freezing systems
. #1 in sterilizing systems [LOGOS APPEAR HERE]
. #1 in citrus systems CUTRALE
. #1 in value-added poultry KRAFT
. #2 in tomato processing ConAgra
Nestle
Tyson
DelMonte
Cargill
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[PHOTO OF CITRUS JUICE ROOM APPEARS HERE]
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[PHOTOS OF FREEZING EQUIPMENT APPEARS HERE]
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Consolidating Fragmented Industry
Food Equipment Market
---------------------
[CHART APPEARS HERE]
Top 10 Companies $ 9.4B
Others $26.6B
Global Total $36B
Avg. CAGR 3%
Acquisitions in 2000
--------------------
. Northfield Freezing Systems
. Allen Machinery
. Perkin Elmer X-ray Food Inspection technology
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Focus on Strategic Lever - Installed Base
FMC FoodTech & Airport
Service Development
Sales ($000) 1996 1997 1998 1999 2000E
slightly higher
Leasing 90,000 120,000 130,000 140,000
slightly lower
Spare Parts, Labor 90,000 100,000 110,000 110,000
[Approximate Plot Points]
[GRAPH]
. Huge installed base creates opportunity for product services
. Utilizing internet to expand profit opportunities
. Early internet investments could create chance to virtually aggregate
fragmented industry
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FMC Airport Systems: Industry Leader and Partner
. #1 in cargo loaders
. #1 in push-back tractors
. #1 in de-icers
. #1 in Jetways
. #2 in AUX Power Units
Major Customers
----------------------
[LOGOS]
FedEx UPS
British Airways DHL
Hudson General
United
US Airways
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[PHOTO OF AIRLINE CARGO LOADER APPEARS HERE]
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[PHOTO OF AIRLINE TRANSPORTATION EQUIPMENT APPEARS HERE]
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FMC Airport Systems Serve
Higher - Growth Markets
Airline Fleet Growth
----------------------------
[BAR GRAPH]
1988 2018
Narrow body 7,000 14,000
Wide body 2,900 6,500
Regional Jet 1,100 4,800
[Approximate Plot Points]
. Passenger traffic will grow at an
average rate of 5% annually
. Air freight will grow at an average
rate of 6% annually
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#1 in Commercial Market
Extending into Government
Market
. Next Generation Small
Loader (NGSL) worth
$135M over next 5 years
[PHOTO . Technology position
OF justified premium pricing
NGSL
APPEARS
HERE]
. Potential revenue
approximately $458M over
next 15 years
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________________________________________________________________________________
Food and Transportation Systems
FMC FoodTech FMC AirportSystems
Your Partner in Solutions,
Safety and Service
[PICTURE] [PICTURE]
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________________________________________________________________________________
Food and Transportation Panel
Charles H. Cannon Vice President and General Manager
Food and Transportation Systems
Liam E. Collins General Manager
FMC Airport Systems
Jeffrey G. Simoneau General Manager
Frigoscandia Equipment
Juan C. Podesta General Manager
Food Processing Systems
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