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Hi Guys,
This will be a short one and
may be the last for this year.
The product launch for the "Spartan"
was done in Manila last week and it was overwhelming. Our Distributors there
sold all that we had been able to allocate to them in the first two days of
the five day show. From that point on, they took reservations to be
delivered after their pre-election gun ban. Additionally, the "buzz" on the
forums has created an unexpected feeding frenzy here in the U.S. It may be a
while until Europe , South America and the rest of Asia get to see any
volume of this product.
That was the good news from
our perspective. The "less than good" news is that we miscalculated the
transportation, customs, F.E.T. and "other import" costs. That is my subtle
way of saying that we'll honor the agreed upon price on all Spartans that we
had on order prior to December 1, 2006 for delivery before March 31, 2007,
but new orders and deliveries that were scheduled past 3/31/07 will be at a
higher cost. New MSRP is $660.00. Listen to the buzz!
Well, maybe 6-axis, ultra high
speed machining centers aren't totally up to their advertising yet, but what
is? The Texican is delayed!
Samples at the SHOT Show, production in the first quarter.
The Distributor/Dealer/Retail
price adjustments in the parts lines for 2007 will be primarily in 1911
frames and some small parts. Probably up some.
Additionally, some of the
small parts on the OEM list will receive some adjustment. As many will go
down as will go up, and the decreases are larger than the increases. A
couple of new items will be added to this list. A few will be removed.
The new 2007 catalog will go
to the print shop on Monday and will be available by SHOT. Pictures and
descriptions of the Escort, Guardian, Sentinel, and Legend should be on the
web by the end of the week.
The weakening U.S. dollar
seems to be having a major impact on our Export customers. Those order
levels are increasing rapidly. I repeat: "Get your scheduled orders on the
books."
We are still increasing our
outputs but you guys are tough to keep up with when things are going your
way. We are currently on pace to exhibit a 15% business increase this year
with a 40% increase in gun production, exclusive of the
Spartan and
Texican. You need to come visit
and see what's happening here.
S.H.O.T. Show Booth #
1277
IWA Show Booth #3-136.
Sell a bunch. Have fun. Do
good. Not necessarily in that order! |