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“There’s Never Been A Better Time to Buy,” According to Parkinson TechnologiesEquipment supplier Parkinson Technologies will have a clear message this week: for nonwovens processors considering new machinery purchases, the time to buy is now.“For U.S. processors, the Economic Stimulus Act that was signed into law in February provides unprecedented savings opportunities,” said Peter Termyn, president and CEO of Parkinson Technologies, a maker of web handling, winding and plastics orientation processing machinery. “There are huge investment incentives for converters who buy and install new equipment before 2009.” These incentives include 50% bonus depreciation on new equipment purchased in 2008 and installed before Jan. 1, 2009. It’s also a good time for the rest of the world’s processors to buy, according to Parkinson, and it also has to do with the U.S. economy. “Our pricing has become very attractive to European and Asian processors, particularly because of the current situation with the weak U.S. dollar,” said Mr. Termyn. More than a machinery provider, Parkinson Technologies prides itself on its “Customer Success” program, a corporate-wide initiative that defines the company’s mission, guiding values and value proposition to its customers. “Every employee at Parkinson Technologies takes ownership of the company’s performance,” said Mr. Termyn. “In our business there is no individual employee who does not have a connection with the customer. We want everyone at our company to know that all of our efforts start and end with creating customer success.” The program is designed to ensure that customer expectations are met or exceeded. It defines key guiding values such as communication, quality and safety, innovation and continual improvement, all of which lead to the goal of customer success. “As a company with multiple brands of products, we have a wealth of engineering, sales and service expertise,” said Mr. Termyn. “We feel the value proposition we offer our customers—the unique benefits they receive from us—is unmatched in the industry.” This includes: • Flexibility – provide complete design, manufacturing and R&D capabilities • Performance – deliver engineered solutions based on proven performance over a broad range of applications • Innovation – leverage applications and pilot plant knowledge into technology advancement and performance leadership. |
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