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National Presto Industries Inc. Message Board

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  • pmlljl pmlljl Apr 8, 2005 3:56 PM Flag


    no slappz:

    I once read that NPK did not sell to KMART (before it went bankrupt) because they thought there was a good chance it would not or could not pay for the merchandise. Sounds like a smart move to me. In an industry with low profit margins, you can't afford frequent write-offs to customers who go bankrupt.

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