Oil prices have been dropping more than 20 percent from the levels observed only a few months previously to this article’s writing. Consequently, gasoline prices have also been heading down and for many an average citizen it has been a nice bit of savings at the pump.

However, the big question for those in the business of processing is this: What do lower prices at the pump mean for companies such as Liftomatic, a premier custom manufacturer of material handling equipment for drum & barrel applications?

Deflationary pressures, especially in regards to oil prices, can have a serious impact on the economy on companies providing support to petroleum extraction and production companies. The essential reason for this is that when oil prices are up, extractors and producers have lots of capital for expansion and new projects requiring substantial infusions of capital. As prices drop, support firms can begin to feel the pinch on necessary product purchases that often have thin margins.

In this time of deflationary pressure, Liftomatic steps up and faces the conditions head on by assisting customers in taking advantage of product purchases while they can enjoy a more substantial return on their investments. As Liftomatic services and products can help meet the needs of those wishing to improve productivity and thereby also help with the bottom line, it makes perfect sense to act now and buy. Also, considering the additional measures of safety that Liftomatic’s equipment brings to the table now is the time to act during temporary pricing downturns.

Liftomatic stands steadfastly behind the motto that “quality will be remembered long after the price is forgotten.” Furthermore, our customers will not only pay less now but enjoy greater profits in the future due to increased efficiencies, safety, and overall quality of Liftomatic Drum & Barrel Handling Applications.

Start the cycle of savings immediately by giving us a call today to discuss your current situation and requirements and the benefits of doing business with one of the industry’s premier processing companies.