LONDON, England — Invensys plc, headquartered here, has issued a major announcement regarding the future of the company. Rick Haythornthwaite, Invensys ceo, recently charted the new corporate strategy, which aims to sharpen its focus, boost earnings quality, reduce debt, and improve cash flow.

One of the key features of this strategy is the establishment of two core divisions, Production Management and Energy Management. The Production Management division will be comprised of Foxboro, Wonderware, Triconex, APV, Eurotherm, and Baan, and will provide production technologies and services to the oil, gas, and chemicals; power generation; discrete and hybrid manufacturing; and other sectors.