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Thy
brother’s keeper
by
Tom Hammel, editor
You may not have noticed,
but there’s a slump in the economy going on, right now in fact. There
are lots of indicators but we won’t go into them here. Just take our
word for it — times are tough.
More important than the
symptoms of the illness, and there are many, from raw material and
energy costs to consumer confidence and job cuts, is what companies are
doing to keep their heads above water (some literally), keep the doors
open and employees employed.
We thought it was high time
to take a look and we didn’t have to look far. We could have looked down
the street, but we picked a company about 40 miles from our offices that
fits the bill perfectly.
Associate Engineering Corporation (population: 62) has called Hustisford,
Wisconsin (population: 1,152) home since 1959. Don’t know the name?
Maybe you know the brand: Rolair Systems air compressors.
Rolair builds air
compressors for the construction market, nothing else. That fact alone
should give you an idea how they felt when the housing market crashed.
And they have lots of company to share the misery — thousands of
contractors and hundreds of distributors.
The irony of this story is
that Rolair’s close ties to the construction market are turning out to
be among its best weapons against the downturn.
Determined prospecting,
heavy reliance on long-standing relationships and the classic American
willingness to lend a helping hand have become powerful tools for Rolair.
The company is using this crisis to reach out to customers, to let them
know Rolair is there for them, to reinforce existing relationships and
build new ones that will catapult the company out of recession as soon
as recovery begins.
It’s a short, simple story
with common-sense lessons that have great meaning for our present times.
We encourage you to read it. Perhaps it will have some value for you,
too.
This article appeared in the
August/September 2008 issue of MRO Today magazine.
Copyright 2008.
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