By prioritizing cash and liquidity, the company will maintain strategic flexibility in order to be well prepared for when the global economy ultimately recovers from the current situation.
“We have a project for Kaiser (Permanente) that was going to be an IVF (in Vitro Fertilization) facility, but now they want to make it a temporary testing lab,” CEO Angie Simon says. “So, they’ve asked us to remobilize and proceed with that project.”
At their two-year anniversary, the 232 tariffs are unquestionably hurting steel-using manufacturers and consumers across the U.S. says the Coalition of American Metal Manufacturers and Users.
The company has been in frequent communication with customers to stay current on how federal, state and local government actions are impacting their businesses while adjusting as necessary to continue supporting and servicing their needs.