A Message from Management: Q3 – Looking Forward to the Future
A Business Update from Vice President & General Manager Michel Merkx
“Q2 presented various exciting new growth and organizational opportunities, however, the challenges of (raw) material inflation and availability, supply chain difficulties, and a tight labor market continued as well. Additionally, higher interest rates and the looming notion of a recession creates volatility and uncertainty for our customers and end-users, which, in turn, might curb demand and investments.
Despite these difficult circumstances, ABI Tape remains optimistic about its business. We are making some necessary adjustments, but our focus and priority remains on customer relationships and high service levels.
We are grateful for the deep and longstanding relationships we have with both our customers and supply partners and a big thank you to all ABI and Ideal Tape employees for their great and dedicated work and service with a smile!”