Fitzpatrick Mfg. Co. finished the third quarter of 2016 with increasing sales. While Fitzpatrick serves roughly 12 different sectors of industry, we have seen some sectors with three quarters of declining sales with the exception of Q3.
We remain hopeful that the slight rebound in activity will continue to improve, starting 2017 off in positive direction. During this downturn, due to our strong financial position we have continued to improve our shop, making changes and process improvements. We have also been investigating new technologies and machines that will better position us for the upturn that is inevitable. We are determined to emerge from the current economic lull as a successful and stronger company.