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In the market for new markets
October 1st, 2021
To gain a foothold in a new market, InCord recently purchased East Coast Lifting Products, a custom web sling manufacturer. The purchase was a good strategic fit, as both companies specialize in safety-oriented custom textile products. Photo: InCord. The advantages of diversification are well-known. Serving multiple markets can help a business grow, and when one […]
Permanent Side Hustles: Turn one-time gigs into long-term revenue streams
December 1st, 2019
by Jeff Moravec For many people, the so-called gig economy has created an entirely new way to make a living. The idea of side hustles may strike many fabricators as familiar—just with a new name. It’s not difficult to find fabricators who started a business with a narrow, well-defined specialty, only to find opportunities (sometimes […]
IFAI Expo 2019: Growth through diversification
October 2nd, 2019
Bud Weisbart, vice president of AR Tech, Fontana, Calif., led the advanced textiles conference session “Growing through diversification into technical markets: from trash covers and truck covers to ground support and flight hardware,” presented Tuesday, Oct. 1, at IFAI Expo 2019 in Orlando, Fla. The session explored how diversification based on core competencies—capabilities or advantages […]