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News : July 2002 Paul's PerspectiveThe right time to invest or grow as a company isn’t always obvious. You might think when times are good and orders are coming in that it would be an ideal and opportune time to grow your business. It might be the worst time. When you’re busy it’s hard to grow, there’s simply too much going on. If you’re in it for the long run you should have taken measures when times were slow to prepare for busy times. That might mean making investments in new equipment which probably requires time and energy for learning curves and/or training. When you’re already busy, who has time to stop or divert energy for things like training, you want to be working. Here are some other reasons to grow when times are slow. If your business is capital intense like mine, interest rates are lower when the economy is slow. Plus, your purchasing power is greater; many machine manufactures are hungry and willing to drop their prices to make sales. Together, a lower price and better interest rates can mean substantial savings. Take a good look at your company and the vision you have for it. When times are slow like they are right now for many people, make those moves that will position your self well for when the business climate improves. It also might workout well for your employees giving them a chance to stay busy with the understanding that they are working towards something worthwhile, the future. Who’s Who atFronhofer Tool
Dan Jenks came to Fronhofer Tool Co. approximately four years ago, throughout this time he has been consistent in developing and sharpening his skills as a machinist. Dan is a dependable employee, he maintains a perfect attendance record and is available to work whenever needed. We have been able to confront him with a job with the confidence that he will use sound judgment and good procedures in order to provide quality-machined parts. Dan earned a Machine Processing Degree during his education at Hudson Valley Community College while earning a place on the Dean’s list for three semesters. He was also the first place winner for Machining Operations at the 1996 VICA Competitions. In addition to being busy with his wife and 6 month old baby, he has been
building a camp with his dad and brother where he enjoys ATV & dirt bike
riding as well as doing a bit of fishing and hunting.
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