I have just returned from a rapid trip through Asia. We started in Taiwan, rolled through various Chinese cities, and wrapped up in South Korea, visiting 7 factories in 6 cities in 5 days. What impressed me, as we reviewed the enclosures made at factories in these countries, was how rapidly these countries have grown and continue to pace their economy. As the US, and especially Europe, struggle for any sign of recovery, while we hear of slowing in Asia, everywhere we went, the skyline of cities, big and small, were covered with cranes and new buildings. We saw how infrastructure needs were being addressed on a consistent basis. Freeways were being built, airports were updated, and housing was expanding at a rapid clip.
The other piece that impressed me was how the people we visited still seemed in awe of the United States. All were eager to visit, all felt our economic and political might, and we were most surprised at how positively people felt. The point of all of this is that we are truly in a global economy, even for a low tech item like Electronic Enclosures. Our industry has rapidly evolved in the recent past and it is up to all of us to keep that momentum going. We believe our model, combining the best of home grown manufacturing with skills of the world, will allow us to compete and grow for many years to come. Thank you to our customers for being a part of this journey with us.