CEO INSIDER : Q3 BUSINESS UPDATE


The President's "Big Beautiful Bill" (BBB) narrowly passed in the House, sparking mixed reactions about its potential benefits and drawbacks. At the same time, ongoing uncertainty around tariffs continues to create hesitation, leaving many business leaders in a holding pattern on major decisions. Despite this climate, the stock market has remained strong, often brushing aside these concerns to reach new record highs.

The broader U.S. economy remains robust with low unemployment, however, a persistent labor shortage is a significant challenge across many sectors. Interestingly, the looming threat of tariffs may be motivating some businesses to re-shore manufacturing operations back to the U.S. The most significant area of ambiguity remains in the automotive and auto parts industries, and we hope for clarity and resolution there soon.

Meanwhile, recent military actions between the U.S., Israel, and Iran have had an unexpectedly stabilizing effect, with hostilities decreasing and paving the way for new diplomatic negotiations. Looking ahead, if these tariff issues are resolved and the central bank moves to lower interest rates, the U.S. economy is well-positioned for substantial growth.

Our Position at Epcon

Throughout this period, Epcon’s business has remained stable. Our team is actively working to complete several major ongoing projects, we are steadily addressing our project backlog, and our collective focus is on securing new orders to sustain our current level of manufacturing activity. Notably, Epcon recently secured a substantial contract in the oilfield pipe coating sector, as well as many large orders from longstanding repeat customers. 

We look forward to what the rest of 2025 will bring! Thank you for your continued support and  interest in Epcon. 

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