Author: Keith Edwards, EVP, Commercial
Date: March 10, 2022
Our thoughts are with the people of Ukraine, with our wishes for their utmost wellbeing and a peaceful resolution soon.
As it happens in a global economy, the coating services we offer are impacted by the elevated cost of energy. We are not directly compromised by the recent events in Ukraine.
Precision Coating has locations in both Bedford and Hudson, MA, Woonsocket, RI, and Costa Rica. Russia is a major source of palladium, which is a raw material used in the Bedford, MA facility. Supply has not been a problem to date, though costs have risen. Precision Coating monitors this situation carefully and has stock of needed metals and materials at prudent levels.
As a Precision Coating client, you should anticipate deliveries and quality consistent with normal times. While we all strive for cost containment measures, some changes may occur on a temporary basis, and you will be advised.
If you have any concerns, please contact me directly at email@example.com.
EVP, Precision Coating