Is anyone else actually doing okay despite the bad economy?
at first, we was scared at work. but alot of other steel fab shop started closing their doors. so, we ended up with all of their work that they had along with ours, and getting even more jobs now. just landed a 7 million ton job for iron in china for a oil platform that will keep us going for awhile. and another one in russia. i say we are doing fine. Exxon, Shell, and BP are our biggest customers. we also have several airports that we might get if our bid is good.
Things are grim the steel sector. I work in a steel mill. Orders have dropped off bigtime and it's hurting us really really bad. On top of that bad news, they instituted a 5% pay cut and ZERO overtime pay. That really stinks as I make 25% more per year just on OT.
same here. although we have work, they cut our OT out. went from 50+ hours a week to just 40. i'm just glad I still have a job. alot of guys were mad as hell.
sounds like what happened to our competitors.
This is the best year my work has ever had. We build stamping dies for the automotive industry. We are currently on unlimited hours and I am usually getting 65 plus hours a week. Then on top of that with the cost of houses now i purchased a nice house for about half of what it was worth a few years ago.
Not so great here. I build KW trucks for a living and our downturn actually started over 2 years ago. We are building half the amount of trucks we were building. We have only worked about a handful of 5 day work weeks since last May. Several 2 week shutdowns and many 3 and 4 day weeks. Im actually off right now for 2 weeks. I get unemployment when we are down a whole week so its not so bad. They did just cut the 401K matching down to basicly nothing. Rumors of paycuts are coming next, so who knows.
Wife is in management in the medical field and its fairly stable but they did cut out all their OT. We are able to buy what we need but we do spend our money more wisely. Thankfully we paid some things off and I only bought as much truck as I needed. Holding off on all remodeling projects and what not. Looks like its gonna be a bumpy ride.
Wife is in management in the medical field and its fairly stable but they did cut out all their OT. We are able to buy what we need but we do spend our money more wisely. Thankfully we paid some things off and I only bought as much truck as I needed. Holding off on all remodeling projects and what not. Looks like its gonna be a bumpy ride.
Im feeling the same crunch as you Sean. I work for a huge freight company but they are firing left and right. I dont know from day to day if ill walk in and not have a job. We did just buy 100+ KW T660's though.
Those 660's are nice!!
I recently heard of one school district in Arizona that laid off 100's of teachers. Me---I have been with my school district so long that I am #3 on the list of seniority. Pay raise for next year is not looking too good, but hey, I have a pretty darn good job.
I am tellin' ya---put some parmesan cheese on the little boogers...
Chef Boy R Dee Cheezy Worms...
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im not to shabby, been laid off since january.. got my notice day after my baby girl was born.. nice eh haha. actually like it get to spent the time with the lil one. we shut down one of the blast furnaces in october because of the slow down. only steel rolling out now is some for ford and the amour plating for the US army




Were doing good because every other little company around has shut there doors!! Overtime has been cut down a tad but I still end up working every saturday!