I think you called it on this one. The Port of Kalama is a key part of Tytan’s expansion plan. For us here in Pennyland a few weeks seems like forever but Mark probably knew he closing the deal with the port and also knew he was going to being able to use their storage facilities when he was in China.
The new facilities enable Tytan to accept much larger shipments as they now have a place to put the stuff until they get it shipped to the dealers. We really have no idea how many tractors were shipped to Seattle but I’m thinking the majority if not all of the order will arrive at the new port. I’m waiting to seeing how high our new support level will be after TYTN reports their first “major shipment” has arrived at Kalama.
I have a feeling that is not too far off based on our anticipation of the current shipment and the recent announcement of the new IDC. Seems to me the whole process of getting products from China to the dealers here in North America has changed or is in the processing of changing.
I have submitted a laundry list of questions and have started receiving some answers in the last few days. One question I sent yesterday: Why have you not been using the Port of Kalama all along? I have not received an answer to that particular question yet but I’m guessing it’s pretty simple. They would have if they could have. I have also for the five W’s associated with the shipment that everyone is talking about.
This is a very different company then it was just a few months ago. Tytan is expanding and with rapid growth comes change. We are going to see many more changes just like the one announced on Wednesday as Mark and his team continue in what he is calling the “execution phase” of his business plan. IMHO
“I believe we are set to climb to the top once again.” Mark Leonard
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