The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst
: I wanted to start off on -- with Critical Flow Solutions. You guys mentioned some supply chain challenges out of India and I guess,demand challenges
in the U.S., which I assume is related to site access on COVID. Could you please explain a little bit more what the supply chain challenges were? I
think you said you've addressed those, how you've got around them and if you're seeing that site access improved for installations to pick up in
the back half of the year?
Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst
: And that was just site access issues? Were the issues in North America was COVID-related, not something else?
Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst
: Great. I wanted to then maybe ask a little bit about the 80/20 deployment that you're doing at CIRCOR. Maybe you could talk about what 80/20
means to CIRCOR. What are the primary initial focus areas that you're looking at with an 80/20 lens. Just any more detail on what you're doing
there.
Question: Nathan Hardie Jones - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst
: Okay. So pretty early in the process here and -- but with the potential to really drive some upside through the business over the next few years, I
think.
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