Fasteners buck the trend and drop in price
A
Northern Precision product story
Edited by the Engineeringtalk editorial team
Jun 16, 2004
Despite recent severe rises in raw material costs, Northern Precision is actually reducing prices to customers.
Despite recent severe rises in raw material costs, Northern Precision (NP), the specialist single-source supplier of fasteners, as well as special-purpose turned and cold formed parts, is not only absorbing those costs but it is also actually reducing prices to customers.
According to Sales Director Steve Smith, the Doncaster-based company has gained an edge over the competition by not raising prices during the past two years despite continual price rises in both the cost of raw steel and stainless.
This, he says, is "due to working 'smarter' in terms of utilising IT to improve its internal business processes and by working closely with suppliers in achieving optimum stock levels to meet ever-increasing demands".
Accredited to BS EN ISO9001:2000, NP maintains an extensive range of 5000 in-stock standard line items covering most applications and materials.
The company also supplies self-clinching, high-strength and broaching fasteners, rivet bushes, sheet nuts, weld nuts and studs, cage nuts and blind rivets.
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