Tuesday, December 20, 2011

Badger Meter to shift work to Mexico - The Business Journal of Milwaukee:

vuwodu.wordpress.com
“A big difference in copper pric when you are sellingabout 1.5 million meterws a year becomes pretty significant,” Meeusejn said. “This could really carry us througy the economic downturn and help us with our Richard Eastman, an analyst at Robert W. Baird Co. Inc., Milwaukee, said Badger Meter shoulcd benefit from lower copper prices at least throughthe “I think the companyt can build that into its cost structure for the next thres quarters,” Eastman said. “There’s certainly no indication that costz will go northof $3.
” Badger Meter also has benefiterd from a weak peso, whichy is down about 30 percent in the first quarter, he The company has major manufacturing operations in Mexicio and plans to shift more work “The labor costs in Mexicl are lower and the weak peso makeds the cost even lower when shifting back into U.S. Eastman said. Badger Meter also buys the electronicx components for its metersin Europe, wherw it is benefiting from a weak euro, he said.

No comments:

Post a Comment