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LATCHES     HANDLES     LINKAGES     HINGES    ELECTRONICS    LOCKS/KEYS


EDITION 32             DECEMBER 2018

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Seasons Greetings From
TriMark Management

 

 

Seasons Greetings to all of our TriMark customers and friends. As our Holiday graphic says it
is that time of year when we tend to reflect on the past year as well as take our first steps
towards the new year!

From TriMark’s standpoint, 2018 has been a very challenging, yet exciting year. We have
never seen an economic cycle such as this where all of our markets across the globe are as
strong as they are right now, and it looks like it may continue for a while. We’ve shared an
overview report of our recently completed Customer Survey and this speculation was
confirmed to a certain degree when we asked respondents to look at their respective
business and project increase/decrease over the next 24 months.


Without making any type of political statement, the worldwide economy is in a predicament
that no one could ever have anticipated. It started with raw material price increases and has
since migrated to components and finished goods tariffs. The original goal of the Trump
administration was to tax upward of $200 billion worth of goods coming to the U.S. from China
and it appears that negotiations may curtail the second increase at least for the short term.


TriMark does manufacture products in North America, Europe and China, so we are in a good
position to source components and finished goods where it makes the most sense, but as we
are all aware, readjusting the supply chain takes time and planning, and there is no way to
determine the final outcome.


In uncertain times like these, it is impossible for us to absorb these increased costs and we
know that a large portion of our products are price-sensitive. But in the end, TriMark may be
forced to add a tariff surcharge to our pricing. Rest assured, we will keep an eye on what is
happening as US trade policy changes and adjust as best that we can to keep costs and
pricing as low as possible.   


If you have any questions or inputs regarding any of these topics, please feel free to contact
any one of your TriMark contacts and we will get your questions answered. We continue to be
optimistic about our business and the markets we serve and look forward to the challenges
​and opportunities that 2019 may present – thanks again for your business. 



​The 2019 Complete TriMark Product Catalog Available Now!

 

TriMark Corporation announces the release of its new 164 page 2019 Complete TriMark Product Catalog.

Featuring 150 product platforms, the catalog introduces many new products, as well as TriMark’s core “Off the Shelf” products; such as locks, handles, latches, striker bolts, linkages, hinges, ignition switches, electronic access, complete door access systems and related components. The catalog contains the general product information and provides an easy way to search and locate the door hardware solutions you seek. Here are some of the updated highlights:

• Door Systems - Integrated Access Systems (IAS)

• Electronic Access & Security Keyless Entry Systems (e-ASK)

• Introducing Door Access Solutions Never  Before Offered in the Catalog 

• 020-0870 Power Locking Pull Handle with Capacitive Sensor (PKE)

• 020-0925 Squeeze Release with Assist Bar

• 050-1900 8mm Single Rotary Latch

• 500-1300 e-ASK PKE System (Passive Keyless Entry)

 

 

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Insights from TriMark Customers
Drive Progress and Innovation

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​Here is a summary of the excellent feedback provided through TriMark's 2018 Customer Survey Report.  

As we've come to expect, TriMark's customers once again offered their insights and opinions when we contacted them and requested that they participate in our 2018 Customer Survey. Here are just a few of the findings from the survey:

• Our product quality, product durability/reliability scores have improved, and our customer service and support received high marks

• Our delivery ratings and lead-time requirements are lower than we would like them to be and we are working hard to improve

• Our Engineering and Technical Support received scattered rankings from very good to needs work, so will be looking more closely at those scores 

 

• New Products – you want more, and we will be responding. We asked your interest in specific mechanical, electronic and mechatronic products and those results will be factored into our product line planning for 2019 and beyond. 

• The question we asked regarding business demand looking forward to 2020, elicited some interesting responses; no one stated that they foresee demand going down for 2019/2020; 72% predict levels the same as current/+10%, 25% predict up 10-25% and a couple of percent see an additional 25-50% up.  

 

We definitely live in interesting times, we have never seen an economic cycle such as this where all of our markets across the globe are as strong as they are right now, and it looks like it may continue for a while.    

​​To those of you who took a few minutes out of your busy schedule to share your thoughts with us, we want to extend a personal "thank you"!



​TriMark Showcase at Bauma China 2018

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TriMark showcased its products at bauma China in late November– Asia’s largest and most important event for the construction industry. On display were various systems and components that ranged from operator station doors, hoods, compartment doors and window systems that provide the complete door and window solutions.​

​Demand for construction machinery, building-material machines, mining machines and construction vehicles and equipment is still growing steadily, and China is factoring heavily
into the global demand. 

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We had a mix of market leaders, global company representatives and decision-makers from around the world visit our booth, confirming that bauma CHINA is the gateway for international companies to the Chinese market and for Chinese enterprises to the global market.


TRACK

TOWERDATA