The Lincoln Products Show and the Economy
The Lincoln Products Show and the Economy Save Email Print
Lincoln
Posted: 6:26 PM Oct 1, 2008
Last Updated: 7:02 PM Oct 1, 2008
Reporter: Christie Bett
Email Address: christie.bett@kolnkgin.com

A | A | A

While economic troubles dominated Washington, businesses gathered in Lincoln, hoping to buck the trend.

The Lincoln Products Show for business and industry began Wednesday at the Lancaster Event Center. But how are manufacturers faring with the tough economic landscape?

Organizers say they expect a similar turnout to years past, but some businesses say their companies are seeing a slowdown.

Iowa Metal Spinners, Inc. employee Dale Miller said, "Business is a little off this year. It's a little slower, and we're not sure why, whether it's gas prices or the economy."

Miller's company spins metal to create products for customers, and he says he's in the right business.

"A lot of industries use spinnings," said Miller.

But they're changing tactics during a slowing economy.

"Actually, we're extending our sales force, going out further into territories, trying to hit new markets, things like that. We're just doing anything we can to get the business back up," Miller said.

Still, not all businesses at the products show claim to be affected by the economy. Like Braas, a company that specializes in factory intelligence solutions.

Braas employee Todd Berner said, "So far we're seeing quite a lot of activity in our business."

But many admit that trouble in the national economy and an unstable wall street can trickle down into the manufacturing business.

Kirby Taylor of Lincoln Machine said, "When consumers hurt, we hurt, because even though we may not build the product you buy, we build the machines that help the end users build the products that you would buy."

And so, Taylor says, in the end, it all comes back to customers.

"If people don't feel comfortable spending their money... Then they're won't," Taylor said.

The Lincoln Products Show is open again Thursday from 10:00 a.m. until 4:00 p.m.

More Stories
Lance's Journal: One Woman's Treasure, July 6

Mayor Presents Budget to City Council

Governor Pushes Stimulus Funds To Increase Teacher Pay

Local Child with Diabetes Lobbies Congress

Bovine TB Tests Clean

Longtime Roads Department Employee is New Director

Eagle Man Dies in Crash

Neighbors Fight, Go to Jail

Post Your Comments
First Name:
Location:
Enter Comments: characters left
Email (optional):
By posting this comment I have read and agree to the Terms of Use and Privacy Policy:
You must agree to the Terms of Service to continue.
CarStar
What's On KOLN/KGIN
Special Features
Fourth of July Independence Day
Happy Fourth of July!
Community Calendar Community Calendar
Search and post upcoming community events
BryanLGH Healthy Everyday - BryanLGH
Health tips and stories
Wedding Information Bridal Boutique
Plan your wedding
It's Your Shot It's Your Shot
Share your photos
Buy It Nebraska Buy It Nebraska
Sell your stuff... buy some more!
Lance's Journal Lance's Journal
Nebraska's hidden treasures
Moms Everyday Moms Everyday
10/11 parenting stories and Serese Cole's Mom-to-Mom blog
It's Your Shot - Kids, Pets and Randoms!