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Business
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| Number of pages / Number of words: |
3 / 764 |
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Also the smaller size of WVS rod coils (300lb), compared to the newest industry sizes from Bethlehem Steel (1500 and 3000 lb), increased the number of machine setups and production cost.
To use up their quota of WVS steel rods and spread overhead costs over more tonnage (thus reducing allocated overhead per ton), Joe Thomas ordered his sales people to increase sales at least 10% per year...
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And they did. Orders and revenue for the more common grades of steel wire products such as staple wire, stitching wire, tire bead wire, and brush wire continued to increase. The prices of these steel wire products slowly continued to fall as the Japanese, in particular, manufactured these products with greater efficiency...
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