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Thanks to the Huntington, West Virginia-based company's enviable debt/equity ratio and the availability of $26 million in working capital, Champion was able to limit a drop in sales during fiscal year 2001 to less than 1 percent.
A large measure of the company's ability to avoid major losses, explained Vice President and CFO Todd Fry, was the result of the acquisition of two companies which helped Champion leverage advantages in production, sales and distribution.
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