NORTHWEST ARKANSASSHEET METAL, INC.

2011 and 2012 have been good years for NWASM. We are proud to report increases in all phases of our business. We continue to be awarded major projects throughout our market area with continuing emphasis on schools and hospitals.
 
Our private commercial projects have also grown reflecting customer’s confidence in our pricing, delivery and on-time completion. Our abilities to fabricate and install stainless has contributed to our success. The talents of Jay’s installation crews supported by over 15,000 square feet of fabrication operations continue to improve our services thus earning more business each month.
 
I am particularly proud of these results since our overhead (added value) is significantly higher than competitors. Increases in productivity and constant vigilance to improve costs are benefitting customers and NWASM.
 
We believe our installation crews are second to none. Many of our “tinners” have been with us for several years. Our response time and on-time completion record continues to improve. This is a direct result of the experience of our crews. This is further demonstrated by the steadily growing “contract” work earned. Customers have come to rely on us to make them look good with their customers and to meet quality and completion schedules.
 
Our Drawing/CAD group is routinely adding value to the projects served both for our assigned work and in aiding other sub-contractors with drawings and coordination. BIM is becoming a standard for many new projects. Marvin Salinas and Jim Styles have done a good job of maintaining our leadership role. They are constantly evaluating the technology and continue to keep us near the forefront.
 
Our Fabrication Group is growing stronger. We have one of the largest most complete metal bending/cutting facilities in the south-central U.S. Andrew and L.D. have been serving the area for nearly 30 years. Two years ago we focused on response time with no loss in quality. Our customers have rewarded those efforts. Our number of orders has more than tripled and average project size has grown substantially.
 
Thanks to all our friends and customers who have helped us during this period.
 
As always please let me know your comments about this update or any other items on your agenda.
 
Richard
President