One Maag America – Together, as a team, we can accomplish more Dear Team MAAG Americas, November turned into a slightly better month as forecasted. While below our average shipment $ and below our average EBIT % we did well enough to position us for great December that will pull us most likely over the finish line. The focus of the coming weeks, in the interest of our customers and meeting our financial goals, is to get as many systems as possible out the door, with proper quality standards. I do appreciate everyone’s efforts to achieve such. MAAG Americas did sell a small portion of our business on December 1 st . The blasting business that was original part of the Reduction purchase by MAAG has been sold to another company. The company intends to grow the business, as it fits much better with their operations compared to MAAG’s. Our on-time performance and long lead times continue to cause headaches, and not only internally. We have lost some underwater pelletizing systems sales to competitors. The next newsletter we will already be in the New Year. We all will be part of bringing improvements, especially regarding on-time, in year 2023. We do not need to worry at this point in time about orders, yet we do not want to lose more systems to our competitors. Improving on-time performance is important for every part of our business. Thank you! Merry Christmas - Martin
In Fincastle (VA) the local community puts on a large Christmas Tree light display. Local companies, including MAAG, sponsor and decorate a tree. Over 25 trees are lit every night. Enjoy! Merry Christmas
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