Tuesday, November 1, 2011

A Message From Our CSO Mick Marietta:

We are beginning a new season. With all new sales seasons come similar questions.

Will shipping be an issue this season? Will the product be produced on time? What will the exchange rate be? Will the tax situation in china change? How will the new items quality be this season? What are the New items?

A few Answers:

Shipping as always is a challenge. However, over the past couple years we have learned to adapt. Many of the steamship lines are considering dropping routes between shanghai and the States. This is due to the economy and shortages of shipments between the destinations. Although there is not a squeeze on space now it could present problems in the late season. All of us in the fireworks industry are keeping a close eye on the situation.

Product production has been good early. All of the factories are now finished with the European orders. All factories are now producing for either the U.S. market or the Domestic market. If weather conditions stay the same we are hoping for an early production year.

Exchange rate continues to keep all of us on our toes. As everyone knows it directly affects your cost and is continuously changing. Unless you have the crystal ball the best thing to do is keep a close eye on it. Make sure and contact us for our best insight and suggestions on the best way to handle the current economy and forecasts.

The tax situation in china seems to be stable and unchanging. We will keep you updated with any changes we hear about.

The New items as always with WORLD CLASS will be awesome. We are excited about the new combinations of effects. We have also been listening to all of you about what the market desires. This year will be like all others. World Class will be the best of the best.

What are the New Items? We have to keep a few Secrets.

I look forward to another great season. Talk to you soon.

- Mick

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