Market Drivers Matter
Local Companies are Not Immune to Larger Forces
Tom Nelson has been featured on BizTimes.com website on multiple occasions. As a Milwaukee business owner, he knows the market and that outside forces drive global, national, and local business decisions.
Nelson Container has been considering the factors in this article as part of their business decisions since the very genesis of the company back in 1962, and it's taken them very far.
"All successful manufacturers - and businesses in general - have a sense of what's going on globally, nationally and locally that affects productivity and profitability. Globally, the price of oil effects not just our cost to deliver, but our customers' cost to deliver as well. At Nelson Container, national paper prices directly impact how much it costs to produce corrugated boxes. Locally, the employment rate will have an impact on our labor costs."