As the Independent Lubricant Manufacturers Association (ILMA) prepares for its 2020 Annual Meeting – this year limited to a virtual event due to the coronavirus pandemic – its members gear up to discuss many of the pressing issues relating to one of the most essential industries. As the unofficial slogan goes... “Without lubricants and metalworking fluids, North American businesses and manufacturing would grind to a halt.”
A big thanks goes out to Aftermarket News – the leading trade publication for the automotive aftermarket industry – for allowing ORG’s Managing Director, Jon Gormin, to share a few thoughts in the August issue.
His article, titled “Leverage Market Turbulence in 2020 to Accelerate Growth,” explores several key issues facing company owners and management teams working in the automotive aftermarket vertical during the current pandemic environment. These include considerations for investing in R&D and retooling, along with advice about positioning a company for discussions with potential business partners, including acquirers.