Originally Posted by
Rod Sheridan
Actually, sales were way up in 2021, if I remember correctly Felder added 200 people to the factory in Hall in 2021 to help keep up with demand.
All the manufacturers are in the same boat, customers come in, pay asking price and don’t faint when they’re told that it will be 6 months or more for their machine to arrive.
Wood working shops are running flat out to keep with customer orders, and the hobby guys are buying like crazy because they have all the disposable income due to the Covid-19 pandemic.
Regards, Rod.
Of course sales were up. People at home from covid looking for things to do, hobbies etc. People also spending time remodeling, and that triggers a rise in need from wood flooring, cabinets and furniture, as well as everything else you can imaging. Disposable income, yes for some who saved on commute, vacation and entertainment. But that extra income got eaten right up with the rise in basic living costs from food to toilet paper. Demand for manufactured goods went up based on the lack of supply. The past 2 years are an economists dream study case. While some had disposable income, many others had no jobs!!
Distraction could lead to dismemberment!