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Friday, February 22, 2019 9:59:37 PM
---they bought a CNC metal sheet bending machine for enclosures.
---they bought a CNC painting machine for enclosures.
---they bought more CNC milling machines for parts.
---they bought a CNC laser machine to cut parts.
---they have more space to stock pile material and partially finished products
What is the bottle neck then going forward?? TIG welders, Wire Assemblers, and Generator Assemblers. They can get the parts quicker and do them in-house, but they still need bodies to put it all together. This is probably why they run ads for these jobs continuously now. The more they hire, the more generators they can produce.
Each of these spots probably costs about $20-25/hour when you ad in workmen's comp, insurance, benefits or $10.4-13K/qtr each.
Recent POLA News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/03/2024 10:30:26 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:15:48 PM
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- Polar Power Announces $2.9 Million in New Bookings During January 2024 • GlobeNewswire Inc. • 02/20/2024 01:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:10:57 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/05/2024 05:15:30 AM
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- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 12/06/2023 09:30:20 PM
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