Sewing Machine Industry Trends & Our Foundation
Industry Trends & NC Carpet Binding's Approach Sewing Machine Industry Trends: In our 70+ years in business, we've never seen anything quite like this. It's taken a booming US Economy and all but halted it in mere days. From what i'm hearing and experiencing, world-wide sewing machine sales have taken a major hit. All that is selling with regularity is 'plain sewers' which are employed to fabricate medical masks, gowns, and shields. There's minimal profit in these machines. No matter the level (MFG's- Juki, Brother and Distributors like us). The point being...no OEM/Distributor can survive on the sale of these style units forever. How much profit could their possibly be in a $700 sewing machine? Make no mistake, we're all going survive this and come out stronger. Here comes the but...How long will it take? In the meantime how many sewing factories are going to close? How many workers are going to los