<<

I When HopeisTHEOnly Option this story tobepositive aswellinstructive. the negativity that surroundsourlives,I’m sureyouwillfind always beenmy wayoflookingattheworld. Today,withall a bookwhere themessageisupliftingand positive.Ithas me inthereleaseofmyfirst book.It’skindofnicetoread that I’vechronicledinthisnewsletter. Ihopeyouwillsupport adversity. I’velearnedmany lessonsthroughmylife,some an inspirationalandinstructive guideofhowtoovercome plenty ofthosealreadyoutthere. Rather,itisintendedtobe For thoseinterested,itisnotjustatransplantstory.There are my website:www.jimstavis.com. next year.ItwillbeavailableonAmazonaswellthrough should beavailablesometimearoundthebeginningpart of the OnlyOption.”Itisinpublishingstagerightnow and Hope” andnowI’vewrittenabookcalled“WhenHope is Since then,Iproducedadocumentarycalled“Sourceof my messageofhopeisonethatresonateswithmanypeople. newsletter. WhatIrealizedisthat could haveimagined—inasteel an audienceinaplaceInever never haveanticipated.Ifound support wassomethingIcould The outpouringofreactionand my journeywithinthisnewsletter. transplant. Ihavechronicled since Ihadmytripleorgan t hasnowbeen12years I business forthis,our30 businessandwefeelveryluckythathavenowbeen in support. Weknowthereareplentyofoptionsoutfor your we canthankyou,ourcustomersandvendors,foryour continued This newslettertraditionallycomesoutaroundThanksgivingsothat just ourmoodthatneedstobetterreflectallofthispositivity. is down,thestockmarketupandinterestratesarestilllow.It’s here. Overall,theeconomyhascontinuedtoflow,unemployment better timeslieahead.Ithinkitisimportantforalittleperspective fortunate who are just trying to get through tough times. We think fortunate whoarejusttryingtogetthroughtoughtimes. We think During theholidayseason,weareremindedofthosethat areless employees whohavecontinuedtomakethisallhappen. president and the dissention it has brought, I’m hopeful that president andthedissentionithasbrought,I’mhopefulthat With allofthepolitics,plusdailynewsfeedfromour you areatalllikeme,thishasbeenanexasperatingyear. f about our troops who are unable to be with their families about ourtroopswhoareunabletobewiththeirfamilies on the Year of The Donald during the holidays. We think of the less fortunate children during theholidays.Wethinkoflessfortunatechildren who may not get the toys they so richly deserve. who maynotgetthetoystheysorichlydeserve. Closing Out theBooks We wish you a happy and healthy holiday We wishyouahappyandhealthy holiday th , year. We also want to thank our loyal , year.Wealsowanttothankourloyal season. We hope for prosperity in season. Wehopeforprosperity in the coming year and the comingyearand if nothing else, a if nothingelse,a better attitude.

PRSRT STD U.S. POSTAGE 7405 E. Slauson Ave. P A I D Commerce, CA 90040 CANOGA PARK, CA PERMIT NO. 488

Visit our website at paragonsteel.com

Printed on paper that is recycled and meets FSC guidelines for responsible use of forest resources.

A Higher Level of Quality & Service 800.388.8998 • www.paragonsteel.com

Fall of

A HigherLevelofQuality&Service

Rising Rising THE

NOVEMBER 2017 Newsltter

un S the company’s market value, with shares plunging “Most of the worrying is because PRODUCTS 18 percent in Tokyo. This has surely negated • WF Beam • Flat Bar • Floor Plate the effect of falsifying the data in the first place. when something like this happens, it Fall ofTHE Wrongdoing, after all, is always uncovered is often just the tip of the iceberg.” • I-Beam • Round Bar • Expanded Metal eventually. Just ask Harvey Weinstein. The • HR Channel • Square Bar • Trench Plate trickledown effect appears to impact numerous • HR Sheet & Coil • Rect. Tube • Shoring Rising Sun reputable Japanese companies that have compliance that would spell trouble for any company, this could unknowingly put Steel into their be a death knell for Kobe. It may return the moniker of “Made in • CR Sheet & Coil • Round Tube • ” back to where I started this column. And even though Kobe By Jim Stavis products. Carmaker has had to recall • HR Plate • Pipe • Aluminum more than a million cars and Takata Corp, may be the country’s third leading producer of metals, it may hen I was young, products that were “Made an airbag maker, pleaded guilty to misleading create a stigma that effects all of the country’s manufacturers. That in Japan” were typically products you wanted carmakers over the safety of their airbags. Most of would be unfortunate indeed. to stay away from. Japan was known as a maker of the worrying is because when something like this happens, SPECIALTIES W I remember the time when had the problem with unintended cheap, but poor quality goods—similar to how China has been it is often just the tip of the iceberg. Just think of the housing acceleration between 2009-2011. Toyota had to pay $1.2 billion • Hard-to-Find Items • Just-in-Time Programs stigmatized today. It took many years, even decades, for Japan to crisis. It started out as a mortgage problem and then nearly because it knew there was a problem and failed to disclose it to the • Fast & Reliable Deliveries • CalTrans Approved improve their quality image for the positive where it is today. Most took down every financial institution on Wall Street. You regulators or to the public. In this case, Kobe Steel has admitted of our electronics come from Japan, as do automobiles and other never can tell when the problem originally surfaces. • Custom Packaging • Fed. & State Approved wrongdoing before any claims have been made. It makes you goods. It’s really a shame that the word “steel” has become part wonder if they knew what was coming. The times used to be that if & Marking • Full & Broken Bundles of this conversation, as have aluminum and . Last month, For Kobe Steel, there are potentially big costs involved, companies took responsibility for their actions, it was announced that Japan’s third largest producer of metals, not to mention the untold harm this crisis is doing to the then the public would be more Kobe Steel, admitted that it may have falsified data concerning company’s reputation, which will remain for years to forgiving. It is those who try to deny the quality of its products. Why and how this happened is really come. Also, think of all the lawyers out there already and deceive who are treated the PROCESSING SERVICES anyone’s guess, but in Japan and around the world, it is a king- lining up to take advantage of the situation. Toyota (a most harshly. It is too soon to say • Flamecutting • Punching • Beam Splitting sized problem. Kobe’s admission is important because much of Kobe Steel customer) has described the situation as a what the fallout will be for Kobe. their steel goes into a number of products, such as automobiles, “grave issue” and rightly so; and whether Kobe Steel’s • Forming • Shearing • Water Jet All of Japan will be holding trains and aircraft, where safety could be a concern. This makes it conduct is systemic remains to be seen, their collective breath. • Cutting • Slitting • Coating an instant public safety issue. but either way, the spotlight will now shine brightly on the company’s other products. The question of why is important because in the case of Kobe From unauthorized inspectors and Steel, the sorry outcome is $1.6 billion that has been wiped from misleading automakers to a breach of 800.388.8998