January and February have come and gone and March is well on its way. Looking at our customers in the last couple of weeks, it is obvious that the holidays are over and business is back in full swing.
When we speak to our customers in the signage industry the feedback is very positive and we feel extremely optimistic about the future.
Let’s take a look at the banking industry, NEDBANK has changed its logo to a more refined design and it was very easy to make. You can just imagine how busy it is going to be changing all the branches and ATM machines to this new design. Also African bank has merged with ABSA so all their signs will have to be replaced with the ABSA logo. This means that all the neighbouring countries will have to change as well.
Also, when we spoke to our Forex agent, they confirmed that the Rand is getting stronger as our politics stabilizes, and the USD weakens every time Donald Trump tweets. A lot of overseas multinational corporations are keen to invest in South Africa. Take the French mega building material and DIY company called Leroy Merlin, for example, they have opened in South Africa and they are looking to open more than 10 branches in the near future.
How about the shopping malls? They are constantly opening new malls or the already opened first phase will continue onto the second phase.
We sincerely hope that all of our customers will take every opportunity to grow in 2018.
In EXION, we will be focusing on the following categories this year.
Firstly, we field tested our epoxy channel letters outside over a two month period. The letter did not crack, change to a yellowish color or fade out.
We will keep you informed as to when we will the equipment and chemicals in stock.
Secondly, we will be stocking more aluminium extrusions include chrome finished, stainless steel profiles as well as all the accessories which look better and are easier to make and install.
The topic of our next isseus is all the channel letter accessries such as clips, joint solutions, supporter for big letters etc.
Thirdly, after sucsess launched CNC router machine and laser welding machine, we are busy reserching vacuum forming machine. Once we satisfied the machine we will let you know.
EXION Corporation is here to assist our customers so please feel free to contact us with any questions you would like our company to help you with.