TorsionX distributor Global Bolting Technologies was recently featured in the Big Sky Business Journal. He is concerned about recent downturns in the oil and gas industry, but Tim Hert remains diversified to stay in business.
Hert has been through “a couple of downturns,” but nothing as “scary” as what he sees coming. Hert is very concerned about what the Clean Power Plan (CPP) will do to his business.
Global Bolting is one of the hundreds of businesses in Montana that rely on the vitality of basic industries. His business does well only when his clients’ businesses do well. To make sure his clients are doing well is part of his business’ mission, said Hert, but he is worried because he believes the CPP will impact several basic industries. “Usually there are not so many industries being affected all at once. Always before, when one business segment was down, we could pick up the business somewhere else,” he said.
“It’s hard to comprehend the ramifications of just one act,” declares Hert’s wife, Cynthia, who works with her husband in the business. “Everything is going to be affected.”
One of Hert’s strategies, to stay ahead of the curve, is to keep on the leading edge of technology. It not only keeps him ahead of the competition but he can provide better benefits and service to his clients.
“We have clients for whom downtime can mean a loss of as much as $100,000 a day,” said Hert. “We try to partner with them so they can be nimble and quick, and try to avoid emergency shut downs.”
In order to keep abreast of what his clients are doing means that Tim and Cynthia pay frequent visits to their clients’ businesses, touring them and learning about their newest technologies and challenges.
Read the full story on Global Bolting Technologies from the Big Sky Business Journal here.
For more information on Global Bolting Technologies in Billings, Montana, visit their website.