Baird said doing work for a customer in one country,often lead to gaining work for that customer in other countries.Building world wide good customer base.
Europe.Lost biggest customer when they first took over the business as previous owner would not lower rates.Not at all happy about that,however they have picked up five major customers.They got a lot of good property in the European acqusition.They need to be there.
Everything they do is for the long term good of the business.Not interested in short term short cuts.
350 million people in Europe need to be feed.Food,supplies have to be delivered to markets.
Even in tough times people still eat,so those supplies must get delivered.
Said rail in US had a poor record of delivery on time,so does not suit them.
Look forward to expansion with new offices openning over the next few days to over the next year.Vietman,Turkey etc.
As more and more of MFT earnings are overseas they feel MFT should be classed as an exporter for tax.They keep talking to Govt about this.
I came away feeling the fun [growth] is about to happen.!!!!! Bring it on.!!!