September 2008 -- August literally went out with a howl! We were attending a meeting in the Orange Beach, Alabama area and became part of the group of evacuees from Hurricane Gustav. Following our planned return route would have been a 10 hour trip; however, with necessary re-routing, it turned into a nearly 13 hour adventure. On the bright side, we did get to see a lot of beautiful country that we would not have otherwise visited. As we mingled with folks from Alabama, Texas, Louisiana, Florida and Mississippi during our trek, we got the impression that the authorities had done a much better job this time around. Our kudos to the governers of the five states most affected by this storm.
This trip was the last scheduled trip of the month. We also attended meetings in Greenville, South Carolina; Winnsboro, South Carolina; Atlanta, Georgia and Adel, Georgia. We're working to improve our product offerings and get better pricing as well. Of course, we'll pass any price advantages on to our customers.
This month, we are looking forward to a visit from our Chicago based sales manager and we hope to complete work on the residential door line. If you need a residential door before we get the web work done, just drop us an email or give us a call.
August 2008 -- As promised, our products have been moved to the new shopping cart. We have also expanded the list of sectional door offerings by adding the Amarr Model 2400 series doors. The 2400 series overhead sectional door is a medium-duty door that is available in both insulated and non-insulated styles. Depending on customer preference the door may be constructed of single layer steel, single layer steel with polystyrene insulated back (R-6.84 rating) or a triple layer steel+insulation+steel style. Each style is available in wind-rated versions going up to a 145 mph rating.
August 2008 -- Are we nearing the end? No one has said anything about price decreases, but it seems that the two year trend of price increases may be coming to a close. Indications are that steel prices are stablizing and the economy as whole continues modest growth with 2% reported in the last quarter.
We have seen a disturbing commercial where the narrator states that "it may not be a recession, but it sure feels like one". Well it's not a recession. It is a normal cycle; particularly for anybody who sells products in the steel industry. I have seen this cycle repeat itself three times since the early 1990's.
For those of us challenged by a tightening and tough market, getting ready for the pendulum to swing in the other direction is exciting and comforting. In the meantime, we'll work with our suppliers to get the best pricing that we can get and pass that on to our loyal customer base.
July 2008 -- Hey brother! Can you spare a dime? That's a phrase from the depression, you know, the Great Depression of the 1920's. Some folks think that we are in a great depression now, but it simply isn't so. The economy is still growing, albeit slowly. Technically, a depression has occured when you have two consecutive quarters of negative movement in the economy. Some people use the term negative growth but that seems contradictory.
At Cabot Components, the current economy has given us our share of challenges. When gas prices push $4.50 per gallon and diesel is even higher, the freight carriers pass that on to us. We have to increase the price of our products to cover the increased cost of fuel. Add price increases for raw materials and life just gets more interesting.
If you eat it, wear it or drive it, when the price for energy goes up your price for those things goes up as well. You don't like it and I don't like, but what we should like even less is the fact that our elected representatives (on both sides of the aisle) have just given this problem lip service since the 1970's, the last great energy crisis.
It seems like the Congress has been asleep at the wheel. Things have gotten tough; particularly these past two years. I'll grant you that, but it's not the end of the world. It's hard to tell sometimes because of the constant barrage of drive-by media negativism, but we are a great nation, built by a great people and we will overcome these current obstacles and prevail. The country that survived the economic roller coaster of the 1970's, can survive this little bump in the road.
At Cabot Components we'll work to keep our prices fair and reasonable. We're not in it to get rich but we are in it to make a profit. We love our country and capitalism so we don't feel guilty about making a buck the old fashioned way -- earning it. We figure that if we give our customers the best price and provide high quality products, we will do well even in these tough times. In doing so, we will coninue to contribute to the economy by paying our employees, spending money with our vendors and paying our taxes.
For more information, contact Cabot Components Corporation at (866) 568-6594.
June 2008 -- Cabot, AR -- Cabot Components Corporation today announced that daily operational responsibility for the company would be turned over to Sharon Johnson, Vice President and Secretary. Stephen Johnson has been selected to act as CEO and Chairman of the Board for SBS Flexsteel. He will still be available for consultation and retains an owership interest in Cabot Components Corporation. Sharon is anxious to assume her new duties and looks forward to growing the company and continuing its forward momentum.
For more information, contact Cabot Components Corporation at (866) 568-6594.
June 2008 -- Cabot, AR -- Cabot Components Corporation today announced that it had been invited to become a member in the Better Business Bureau of Arkansas. A company spokesperson said that this was not a new experience for some in the company. There is a history of BBB membership and association that goes back to 2001.
For more information, contact Cabot Components Corporation at (866) 568-6594.
May 2008 -- Cabot, AR -- Cabot Components Corporation today announced that discussions with Amarr door had been concluded and that they would now sell select models of Amarr Residential Garage Doors. Work on adding these doors to the cabotcomponents.com website is slated for July 2008.
For more information, contact Cabot Components Corporation at (866) 568-6594.
April 2008 -- Cabot, AR -- Cabot Components Corporation has begun the long process of moving the shopping cart to Yahoo! Shopping. According to Sharon Johnson, "Yahoo! was selected because it gives us increased flexibility in designing a shopping cart offering features that were missing from our previous cart. We believe that this shopping cart will provide the customer with an improved shopping experience."
Work on the transition is well under way and is expected to be complete in July 2008.
For more information, contact Cabot Components Corporation at (866) 568-6594.
December 2007 -- Cabot, AR -- Cabot Components Corporation turned on its new website, cabotcomponents.com and essentially opened their virtual store for business. Primary products available through the online store are commercial roll up and sectional doors, insulation products, modular office systems and portable storage systems.
July 16, 2007 -- Cabot, AR -- Cabot Components Corporation today announced that it would begin expanding operations and broadening the classes of products offered to the potential customers. Details have been ironed out and the company is ready to continue work on its Internet storefront, cabotcomponents.com. According to Cabot Components Corporation Vice President Sharon Johnson, "the website will make our growing line of product offerings more accessible to commercial and government entities. Through our new online pricing and ordering system, we will give these busy folks a means by which they can efficiently and effectively select products, price and buy online. I am sure that they will appreciate our efforts to save them time and money."
Customers will have access to all of the company products through the cabotcomponents.com portal. For the potential customer, this will clearly be a valuable tool for researching these products and an apparently easy way to make the purchase once a buying decision is reached. While speaking about the company in general and new operational expansion plans in particular, company President Steve Johnson said "we look forward to developing this website and sincerely hope that it serves the interests of both our loyal customer base and the new customers that we hope to attract. I believe that if you have a sincere desire to serve the customer, a quality product and a fair price then prudent customers will generally choose you to be their product provider. If you go a little further by giving them the ability to gather and review relevant information and an easy way to buy your product, then how can they possibly resist. Obviously, my hope is that the people who use this new website will ultimately choose to be our customers and buy our fine products."
Cabot Components Corporation provides a variety of products for commercial and residential use, including but not limited to, steel secondary members for metal buildings, roof and wall panels, vents, louvers, fasteners, power tools, roll-up and sectional commercial doors, residential garage doors, insulation products, and commercial windows and entry doors. They also plan to offer forklift moveable portable buildings, also known as kiosks and easily assembled modular office structures designed primary for use inside commercial facilities and manufacturing plants. Along the same "portability" line, forklift moveable portable storage (mini-storage type) units and locker style stackable storage units will also be added to the product line.
For more information, contact Cabot Components Corporation at sales@cabotcomponents.com or call (866) 568-6594.
March 14, 2007 -- Cabot, AR -- Cabot Components Corporation today announced that discussions had begun with several vendors in anticipation of entering new operational areas. Encouraged by preliminary dialogue with GBP Guardian and Triangle Fastener Corporation representatives, the go ahead was given to begin work on the cabotcomponents.com website. Talks are planned with Clopay Door, Starrco, U.S. Door and Building Components and Nucor Corporation.
For more information, contact Cabot Components Corporation at (866) 568-6594.