Sunday 3 July 2011

Only the One Price Rise

All Torque has a range of suppliers, chiefly Bonfiglioli, Baldor, WEG, Flender, Warner, Comintec and PIV.  Most of these are exclusive or shared distributorships and are important to our continued growth.

Of all of these, Baldor are the only supplier to have a "New Price List" for the new financial year.  With most of the product range coming directly from the United States and the skyrocketing Australian dollar, it is a wonder that most of the Baldor offering has risen in price (there are some notable exceptions, where the price has actually reduced). 

The question now is: how many suppliers have reduced their prices based upon the stong Australian dollar? 

We have seen recently that bringing stuff in directly ex Europe or the States for one-off jobs has been quite lucrative for our customers.  Many are buying in new equipment to replace existing that only two years ago they would never have dreamed of doing.

I'm sure the business to be in at the moment is international freight forwarding.

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