Greetings from IWF in Atlanta…Sorta.
Sunday, August 29th, 2010Just wrapped up exhibiting at the 2010 IWF show at the World Congress Center in Atlanta. (We shared booth space with the Idaho company that makes our JMP and several other tools.)
I have been coming to this show since 1984 (it occurs in even years only) and it has always been the biggest show we have attended. IWF caters to all aspects of the wood industry–everything from kiln fire solutions to the worlds’ first powerless tablesaw…HEY! That is from Bridge City!
This show could never be completely walked in two days, and there was always something to learn.
This years show however is a different story.
First, the square footage of exhibition space was down over 60% from 2008. YIKES!
Second, attendance was dismal. That said, the people I spent time with were fantastic. But the fact remains, it is painfully obvious the woodworking world has changed dramatically.
Certainly the issues surround the housing market are central to this decline but I have never seen anything like this. For example…
In 2008 there was a company (which shall remain unnamed) that did $78.8 million in annual revenues. This year they will not break 8 million.
I spoke with a small business that sold power equipment–in 2008 they did $8.2 million. The first six months of 2010 their sales were $420K.
A REALLY BIG company that I will not name, and I know you know their products, is down 92% from 2008. Ouch. And from what I can triangulate, a significant percentage of the attendees were at the show looking for….jobs.
But this is not a story seeking sympathy. Quite the contrary, I am unbelievably grateful for the support we have received from the Bridge City family, in particular, YOU ALL (couldn’t resist…) from the Drivel Starved Nation. Why?
Because, as of this writing, we are thrilled with our market position in this economy and you are the reason. So, thank you for your continued support during these unsettled times.
Now for the details…
Several members of the DSN stopped by and I just about dismembered fellow member Dmarkowi during a JMP demo. But I didn’t and that is a good thing.
Talked to several members of “Lumberjocks” who were proud to show me cell phone pics of their homemade Kerfmakers. (When you get a chance, help me understand this please…)
And lastly, Atlanta is, and always has been, a fun city with great restaurants and an upbeat vibe (my discovery this year was “il Localino”, a great Italian eatery on a sleepy street).
And as I fondly remember the incredible basil gnocchi from Saturday night, I am sadly uncertain if I will return in 2012 and this thought is really bugging me.
–John





























