Kenco Plastics, Poteau, OK
My husband and I drove to Poteau, Oklahoma today to see the offerings of two companies, Kenco Plastics and Randco Tool & Mold, where everything was being auctioned. You could go see the offerings today and tomorrow and Friday bid on the offerings online.
It was sad to see these two large manufacturing companies go out of business. Rando had one client for whom they manufactured things: Kenco, and Kenco was going under. There is a chance that Kenco will be bought by someone else and reopened in the future. We met some employees of Kenco and the owner of Randco. The owner of Randco had been in business 29 years.
My husband will bid on a couple of lots, hoping that we’ll win the bidding and can go back to Poteau again to get our ‘new’ tools. Time will tell.
The companies going out of business is another sign that manufacturing is in trouble in the United States. We make less and less. Highly skilled people are out of work and are trying to make ends meet grabbing any jobs they can. Hopefully, we can turn this state of affairs around in the near future.
Meanwhile, even though our Garmin GPS tried to send us to Lower Slabovia today – rather than Poteau – we met some really nice people and saw some nice countryside. Wish us luck on winning our bids!
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