Platinum Contributing Member Highmark Posted April 9, 2020 Platinum Contributing Member Share Posted April 9, 2020 (edited) One of our fuel tank suppliers is going to miss deliveries and cost us 3-4 weeks of production to get moved back a month or so. Any production that is moved back is at risk of being lost to competitors. Their component supplier has shifted a large portion of production to Ventilator tubes. Because of the rigorous testing these fuel tanks go thru simply changing the supplier would require complete re-certification of the tanks. This is more costly and time consuming than just waiting it out......for now. While we are trying to move up other production it will be tough since we only have about 6 weeks to do it. We will do some things around the factory like cleaning and inventory while the slowdown occurs and all workers will remain on payroll. Could be much, much worse. Edited April 9, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
s pump Posted April 9, 2020 Share Posted April 9, 2020 6 minutes ago, Highmark said: One of our fuel tank suppliers is going to miss deliveries and cost us 3-4 weeks of production to get moved back a month or so. Any production that is moved back is at risk of being lost to competitors. Their component supplier has shifted a large portion of production to Ventilator tubes. While we are trying to move up other production it will be tough since we only have about 6 weeks to do it. We will do some things around the factory like cleaning and inventory while the slowdown occurs and all workers will remain on payroll. Could be much, much worse. HM, What line of business are you in if you dont mind me asking? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted April 9, 2020 Author Platinum Contributing Member Share Posted April 9, 2020 (edited) 1 minute ago, s pump said: HM, What line of business are you in if you dont mind me asking? Sent PM. Edited April 9, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted April 9, 2020 Share Posted April 9, 2020 Are you covered under the small biz loan for payroll? Is it covering full payroll or half? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted April 9, 2020 Author Platinum Contributing Member Share Posted April 9, 2020 12 minutes ago, ford_428cj said: Are you covered under the small biz loan for payroll? Is it covering full payroll or half? We will be under the PPP. Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted April 9, 2020 Share Posted April 9, 2020 1 minute ago, Highmark said: We will be under the PPP. Full or half? Quote Link to comment Share on other sites More sharing options...
Anler Posted April 9, 2020 Share Posted April 9, 2020 Can you sabotage competitors in the mean time? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted April 9, 2020 Author Platinum Contributing Member Share Posted April 9, 2020 4 minutes ago, ford_428cj said: Full or half? Just depends as there are lots of variables. The big question remains will they really compare 8 weeks during this to 12 weeks (a quarter) from 2019. If its the 4th quarter we will take a bit of a hit as we pay a significant Christmas bonus. Comparing payroll 8 to 12 is tough enough to come close to equal add in comparing a quarter where a large company wide bonus is paid then its even harder. But lets be real at 1% interest over 2 years its still a fucking great deal even if we have to pay 100% back. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted April 9, 2020 Author Platinum Contributing Member Share Posted April 9, 2020 (edited) 3 hours ago, Anler said: Can you sabotage competitors in the mean time? No because I build other equipment for them too. Edited April 9, 2020 by Highmark 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted April 9, 2020 Share Posted April 9, 2020 5 minutes ago, Highmark said: No because I build other equipment for them too. We talk about doing it all the time but we never do. Karma you know. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted April 9, 2020 Platinum Contributing Member Share Posted April 9, 2020 14 minutes ago, Anler said: We talk about doing it all the time but we never do. Karma you know. The bad ones will sabotage themselves. The good ones will keep prices up where they belong. Quote Link to comment Share on other sites More sharing options...
Anler Posted April 9, 2020 Share Posted April 9, 2020 Just now, steve from amherst said: The bad ones will sabotage themselves. The good ones will keep prices up where they belong. There are some real dirty player in our business and you would think karma would take care of them sooner than it does but you'd be surprised. Quote Link to comment Share on other sites More sharing options...
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