	h j heinz hnz poised for record year h j heinz co is within sight of our nd consecutive year of new records in financial growth for the fiscal year ending april chairman and chief executive officer anthony o reilly told investment analysts o reilly who declined to make a specific projection said the food company is stronger than at any time in its year history last week heinz reported third quarter ings rose to cts a share from cts a share sales rose to billion dlrs from billion dlrs a year earlier o reilly said heinz will concentrate on backing its big brands new products and services new geography internal growth and acquisitions he said heinz ketchup has its highest market share in history pct but in response to a question the executive said a volume falloff in the overall product category is a concern to us o reilly said weight watchers continues to perform well and will generate revenue in fiscal of approximately mln dlrs o reilly told analysts heinz is in active negotiations to build a second plant in china where it entered a joint venture with the government in forming heinz ufe ltd which produces dry baby food cereal he said heinz japan is making a profit and generating its first substantial dividends and implementation of a new partnership seoul heinz ltd is moving ahead with a new manufacturing plant targeted for completion by june in seoul south korea to increase its competitiveness o reilly said heinz implemented a lowest cost imaginable program targeted at manufacturing sales and marketing and procurement he said a modernization program is in effect at the company s united kingdom operations where the labor force trimmed to from is expected to be further reduced to in reuter 
