There are many things to remain optimistic about and we will continue to do just that. The enormous momentum we came in with is allowing our industry to continue to support jobs and provide security during a time with many unknowns; we should all be thankful for this.
The latest Architectural Billings Index was released, and I think we all expected bad. And dreadfully bad is what we got. The index came in with a 33.3, which is way below the break- even index of 50.
The economic fallout from the coronavirus pandemic has hit many glass companies hard. During an NGA webinar, April 22 at 1 p.m. ET, financial expert Marco Terry will help owners navigate financing options to help businesses today, tomorrow and once the crisis has passed.
One thing is for sure right now and it’s there is a lot of information out there on loans and assistance but how do you know what is right or wrong? I was thrilled that the National Glass Association was able to setup a must-attend webinar with financial expert Marco Terry to talk about things like the Paycheck Protection Program, Economic Injury Disaster Loans and others.
The ongoing COVID-19 pandemic has led to a seismic shift in the way glass and glazing industry companies do business. The crisis has created sudden financial uncertainties, worker safety challenges, questions over how to continue operations and more. Here is a quick look at the news we’re watching.
We all have to be mindful of what is going on now, but if we are not constantly in motion with plans for the future we are missing out. Eventually things are going to break here―do you want to be chasing that curve or on top of it?
The added stress tolls on companies and individuals throughout the uncertainty of an ongoing pandemic are vast and varied. Bill Sullivan of Brin Glass recognizes that practicing self-rescue first before helping others is critical in coping with the added stress impacts on his business and at home.
As we all are dealing with the unknown of Covid-19 we are also dealing with the unfamiliarity of our current working situation. I think we can all say it is not as easy or fun as it may seem. It is even harder when you may have your kids, spouse or roommates home with you.
BEC was a little over a month ago and I never in my wildest dreams would’ve thought we’d be where we are at right now. The reason I bring up BEC is because the positivity and the focus there is something we can’t lose sight of. We have brilliant people and companies in our industry and we have an incredible desire to succeed and overcome.