Farrar’s Monthly Message
Our website and digital messaging continue to grow with content, activity, and news. With an increased presence on LinkedIn, Facebook, and our new blog, clients and employees alike are more aware than ever of our improvements and investments being made. All these changes center around creating an environment for our employees where they can work at feel they are part of a family and something special.
The supply chain of Farrar remains steady. We have encountered continued pricing challenges from suppliers, albeit some have remained flat. Stock and inventory levels seem to have leveled off for most of our raw materials; however, as we have seen, this can change in an instant.
The economy continues to be the biggest question mark as we all look ahead into the 4th quarter and 2023. Nearly all Farrar clients are forecasting steady growth to small incremental growth through the middle of 2023. We continue to evaluate our orders received, orders moved out, orders moved in, and even orders cancelled for additional insight to economic conditions. Our orders remain strong, and projections show this trend to continue.
As we are on the tail end of hotter days and enter cooler ones, one can feel the anticipation for college football, MLB pennant races, and children heading back to school. It is my hope and prayer for you that your children have a wonderful school year, your college team beats expectations, and your MLB team has a strong showing in October.
As always, we thank you for your trust and confidence in Farrar to provide cast and machined ductile iron castings. We look forward to growing our portfolio of products with you over the remainder of 2022 and into 2023.
About Farrar Corporation
Farrar Corporation began in 1933 as a blacksmith and repair shop. The green sand foundry was added in 1967 as a way to make our own castings and then grew to the point that Farrar dropped its own product line to focus only on providing cast and machined parts to O.E.M. customers. In the early 1990’s, Farrar began producing Austempered Ductile Iron (ADI) in addition to the standard ASTM grades of Ductile Iron. Farrar is a family-owned/privately held corporation that is currently in its third generation of ownership. Through the years we have grown into a nationally recognized company known for our service, specializing in providing finish machined ductile iron castings and assemblies. Farrar Corporation is your single source for pattern design and production throughout the continental United States.
Farrar Corporation is a vertically integrated company providing ductile iron castings, machining and total quality service to original equipment manufacturing companies.
Farrar Corporation strives to be a company that provides the highest quality products, services and turnkey solutions.
Company Core Values
Farrar Corporation operates with integrity, stewardship, teamwork, continuous improvement and a commitment to creative value for our customers while building long term relationships.