WEBVTT

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RED HOT CONSTRUCTION MARKET

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IS FUELING JOB GROWTH IN

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NORTHEAST INDIANA AND

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[INAUDIBLE] PLANS TO HIRE 200

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ADDITIONAL WORKERS. THE COMPANY

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HAD A RECORD PROFIT LAST YEAR.

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MUCH OF THAT IS DUE TO THE

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UNPRECEDENTED DEMAND FOR STEEL

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IN NON-RESIDENTIAL CONSTRUCTION

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PROJECTS.

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>> THEY WOULD NORMALLY HAVE A 3

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TO 4 MONTH BACKLOG OF WORK THAT

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IS A NORMAL CYCLE TIME FOR A

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PROJECT AND ENTIRE INDUSTRY IS

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OUT OVER A YEAR.

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WE ARE QUOTING WORK FOR NEXT

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SUMMER.

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IT IS BEYOND ANYTHING THAT WE

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HAVE -- ANY OF US HAVE SEEN IN

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THAT SPACE.

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>> GRAHAM SAYS RECENTLY OPENED

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MILL IN TEXAS AND $231 MILLION

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EXPANSION OF COMPANY'S TERE HOU

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FACILITY.

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>> WELDERS ARE NOT NECESSARILY

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GOING TO MAKE WHAT A DOCTOR

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MAKES BUT WILL BE THE BEST-PAID

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WELDER. WE WANT THEM TO BE THE

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BEST-PAID WELDER SO WE HAVE THE

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OPPORTUNITY TO ATTRACT THE

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WELDER FROM A COMPANY THAT MAYBE

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THEY HAVE GONE AS HIGH AS THEY

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CAN GO.

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IT IS A FORMULA THAT WE USE TO

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INVEST IN OUR EMPLOYEES TO TAKE

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THE LONG VIEW. THAT IS WHY YOU

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DON'T LAY OFF AND YOU GIVE

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LOYALTY AND YOU GET EXPERTISE

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AND THEY COME UP WITH GREAT

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IDEAS AND MAKE US WHO WE ARE AND

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WE SHARE BACK THE REWARDS.

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IT IS A REALLY VIRTUOUS CYCLE

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THAT THE COMPANIES CAN GET

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THEMSELVES INTO.

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>> I WILL INTRODUCE YOU TO FORT

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WAYNE STEEL DYNAMICS OPERATING