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Five innovative strategies

PACK EXPO : At a press conference hosted by Foster-Miller at Pack Expo 2004, Ed Goldman, senior vp of the product and equipment design company, outlined five strategies to the food industry for both product and packaging development.

*Create practical innovations: Identify a market need and unlock ideas by weaving together practical, applied concepts.

*Multi-disciplinary approach: Partner with a diverse team of technology experts with food industry success.

*Reduce time-to-market: Approach projects with multi-phased, parallel strategies to complete them within the shortest time frame.

*Minimize risk: Leverage the right technology and work with partners who can apply industry experience.

*Proprietary protection: Build barriers against competition with proprietary technology to ensure industry patents.

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