Jacking up a price because some one needs it might not be ethical but on the backside of the same coin neither would it be to beat up someone on price because you knew they had to sell it quickly. This reminds me of a story that happened to my brother, he runs a plant that roasts coffee. They buy green coffee beans, they come in burlap sacks or in pine barrels. They throw away the bags 90% of the time, the other 10% of the time employees take them home to do whatever they are doing with them. A manager form the local Menard's store calls him and offers him $.50 a bag in quantities of 50 bags, they'll pick up. Since he's throwing them away at this time he figures this is pretty good, we can pay to put them in the dumpster or get paid by someone else to haul them away. A week after he sells the first lot of bags one of the book keepers from the front office is in his office renting and raving that Menard's is screwing them because they are selling the bags they bought @$.50 for $1.25. It's called business and you need to understand and accept that for businesses to be around they need to make money,and when they make money they hire employees and pay them. When we have a working free market businesses that are less than ethical will loose customers to ethical business. This gets messed up when things like governments and unions get involved to block the ability of businesses to enter or leave the marketplace. At one time I worked for a business that pretty much covered the Southeast United States, I worked in their plant in Tampa Florida where we had a larger market penetration than any other area we served (no competition), we bought scrap and waste from other businesses to reprocess, guess what, we paid less for our raw material in Tampa than we did anywhere else in company. Did we pay less than market price for our raw material? YES What was our real cost? Some of the larger chains refused to do business with us outside the Tampa area, the "additional" money we "made" on them in the Tampa was probably less than we "lost" by not being able to serve them in Atlanta, Charlotte, Nashville, Memphis, Birmingham, Montgomery, New Orleans, Dallas, Houston and Saint Louis. To use a phrase we were cutting a fat hog in Tampa, wasn't to long before we had competitors that decided our market was ripe for some competition, they could undercut us on price and still pay less than market price, not have to compete on service and still make more than in other markets they were in. Oh buy the way this business is now a division of their largest competitor, they sold out a few years ago seems their business plan wasn't sustainable.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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