By Douglas E. Ruhlin | photos courtesy of resource management Associates (www.rmagreen.com) Have you ever undergone […]
The economic recession got a serious grip on the precast concrete industry in 2009, with business decreasing an estimated 20 percent as construction projects stalled, funding disappeared and credit grew increasingly tight. While signs of a recovery are on the horizon, it is expected to be a long, slow climb. To see how the industry is coping with the downturn, Precast Inc. technical consultant Sue McCraven contacted a cross section of precast concrete manufacturers, who shared four primary strategies for fighting back during tough economic times.
Hardly anyone in the industry pays with cash anymore, so here’s how to make sure those payments keep coming from your credit extensions.
Quality can distinguish your firm from your competitors
The outlook for energy costs isn’t rosy, but you can employ some short- and long-range strategies to lower your utility bills.
Reaching today’s customers requires new – and old – strategies.