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Tilt, Turn & Burn Newsletter

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  • Dec 16, 2014
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Koike Aronson, Inc./Ransome Newsletter

December 2014 





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President Gerald Leary and Chairman Tetsuo Koike from KSK stop to take a photo at the 2014 FABTECH Show in Atlanta 

   2014 has been an up and down year for KAR. It began slowly, picked up in the second quarter, fell off in the third quarter, but ended strongly. For the most part, we met our goals for the year despite the poor export markets in South America, Europe, Russia, and the Mideast. By the fourth quarter, we were finally able to begin manufacturing and shipping  the large order for Saudi Arabia.  This order will give us a good base for the first three quarters of 2015. In addition, our quotes and conversions to orders climbed nicely in the last quarter.  This will add to the good start in 2015.

    While the export markets for our machinery softened, the North American markets for railcars, trailer bodies, shipyards, drilling, fracking, and pipeline work have grown.  In fact, 2014 will be the second largest year for Cutting Machine sales at Koike Aronson. During the year, we gained market share with the Steel Service Centers in North America.  The addition of the new Klean Sweep slag removal table gives us the real potential to increase this market share at a more rapid pace.
    The well-being and health of our employees is one of my major concerns.  In 2014, we experienced too many close calls and lost time accidents.  While we implemented remedial actions to correct these situations for the future, we must all be more diligent about safety.  Anything more than zero accidents and close calls should be concerning for all KAR's employees.
    On the other hand, is it very gratifying to see the implementation of and participation in the Koike Wellness Program. I am optimistic that it will yield many benefits, especially  as we expand participation.
    The bottom line is that all of our employees have contributed greatly to our growth and success over the years, and they should make every effort to stay healthy so they can enjoy the returns on their efforts.
    As we approach the 2014 holiday season, I continue to be optimistic about 2015 and our ability to succeed thereafter.


Jerry Leary
CEO and President
Koike Aronson, Inc.







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