Quote:
Originally Posted by Paul Markham
And here you see where some of it went. Minte can you tell us where the waste is exactly. What do you produce?
I'll bet some of you still think the "Trickle Down" effects works.
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The product we sell to Vietnam is not exclusive to them, We have been selling the product all over the world for many years.
The product line is by-pass oil filtration systems. They are fabricated steel oil tanks that run in conjuction with a normal spin-on filter. They do a far superior job of filtering oil. On cars and trucks the oil lasts much longer. Most fleets that use them only have to add oil and change the filter element everfy 25,000 miles. In Vietnam they are used primarily on the fleets of fishing and navy boats and ships.
I am at the office now and just looked. The tank department has 23 people. The tanks are made from US steel,(jobs) We buy welding gases and wire(jobs) to make the tanks. We buy filter elements(jobs hose and fittings(jobs) cardboard packing(jobs). We send them to a local powder coat(shipping jobs) who paint them(jobs). They come back to us after paint and are assembled. From there they are packed in a shipping container(jobs) and trucked to Long Beach(jobs) where longshoreman(jobs) load them on to a ship.
How many jobs do you suspect are created from that one product? But there is more. There are administrative jobs that purchase the materials,schedule
the trucks,expedite the manufacturing,there is insurance documents and finally wire transfers.
This one product line ultimately creates jobs for hundreds of people if not thousands.