Davenport slashes prices on parts.Following up on its promise to go head-to-head with foreign and knockoff knock·off n. Informal An unauthorized copy or imitation, as of designer clothing: "the place to go for quality knockoffs" Women's Wear Daily. Noun 1. competitors, Brinkman International Group Inc., the new owner of Davenport Machine, has significantly reduced prices on more than 3,000 parts, attachments, and machine tool products. The price reduction is a key manifestation of the new ownership's promise to introduce "the New Davenport," with renewed focus on customer satisfaction, improved quality and pricing, and stronger competition against foreign markets and domestic knock-off parts manufacturers. Pointing to Davenport's new competitive stance, Bob Brinkman, owner and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Davenport Machine, commented: "In just four months of reorganization, we've proved that high quality machine tool and replacement parts can be manufactured in America at competitive prices. The company's authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: price list reflects changes to more than 3,000 parts related to the repair and maintenance of global installations of Davenport's five-spindle automatic screw machines One of a series of machines employed in the manufacture of wood screws. A machine tool resembling a lathe, having a number of cutting tools that can be caused to act on the work successively, for making screws and other turned pieces from metal rods. See also: Screw Screw including Davenport's Servo An electromechanical device that uses feedback to provide precise starts and stops for such functions as the motors on a tape drive or the moving of an access arm on a disk. B, Model B, as well as attachment products. Competitive price quotes are available through customer's local distributors of Davenport screw machine products, or they can be acquired directly from Davenport. "We're committed to weeding out knock-off producers of Davenport OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and parts and we are in the process of re-engineering our top 200 parts to improve tolerances, quality, and at the same time reduce manufacturing costs," says Brinkman. Process re-engineering, customers returning to genuine OEM parts, and increased order volumes from customers who have "come back to the new Davenport," are credited with the current price reductions. Davenport Machine Inc., www.rsleads.com/310tp-166 |
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