Pit & Quarry, April 2017

EVENT ROUNDTABLE CONFERENCE itll likely be spring 18 before a lot of new projects will come on stream CLARKE Its a long slow climb We all came out of that recession and we all held onto our seat pants as the business started to grow As a company we are starting to grow our business in North America Were trying to grow it worldwide We have a lot of other influences as well coming from outside sources from China from other manufacturers I know thats sort of off subject but the reality is were sort of not sure how thats going to affect us with the Trump administration with importers coming in Is Trump going to keep manufacturing more solely held in North America or is he going to keep people from importing products from other countries Thats something we as a manufacturer are wondering about GARRISON With the personality of Donald Trump there are a lot of other folks who are already opposing him not even really knowing what he wants to do From the Democratic side you turn the news on every day and there are people talking about boycotting him So I think one of the challenges hell run into even if Garrison he wants to spend a trillion dollars in infrastructure spending is a lot of people will be fighting him He doesnt seem to have a lot of folks on his side Both Democrats and Republicans are kind of on the fence about some of the things hes going to propose to do REDDIN The need for infrastructure spending is not new The reason we didnt get it the last eight years is politics Politics is going to play a role here We just dont know And I think uncertainty will Reddin drive us all a little bit crazy and make us pause and wait and see whats really going to happen But it is going to be political CRAVEN There are things you can control and theres things you cant We focus on the things we can inf luence and the things we can try and change We continue to try and build a strong business that puts us in a position to deal with whatever the external environment throws at us Theres no doubt another recession will come at some point Weve just got to make sure were strong enough to survive it when it does LOKEN Weve found the state of Arizona tends to have real highs We tend to be at the top of residential or in demand categories and then we tend to be straight at the bottom of categorical demand when it comes time for decline So weve become very cautious but also optimistic HANNON Dealing with what we control is a huge thing for all of our businesses And we deal with that daily right One thing weve all learned through the past 10 years is how to operate a lot more efficiently and control our costs better than we probably ever have in the past We still are stinging from what we went through over the previous years So something should change I think the ability to make decisions quickly is important Were not going to wait a long time like we potentially did the last time But right now were still working within the mindset of adjusting to whatever the economy brings us TRUSSELL When Arizona goes through something like this we can an ounce of dirt stopped 1000 tons of rock to We keep you moving With a wide range of aggregate duty rock solid bearings that retain grease and exclude contaminants gear reducers for gritty duty applications and lifecycle engineering support services we keep you moving Visit us at www RegalPTS com Aggregate Regal Browning Century Fasco Genteq Marathon Morrill Motors and Sealmaster are trademarks of Regal Beloit Corporation or one of its affiliated companies 2016 Regal Beloit Corporation All Rights Reserved MCAD16003E 9286E 14 PIT QUARRY April 2017 pitandquarry com