Curt
Member
Bottom line: what percent increase?
We have done everything in our power to mitigate the increase, including even more stringent cost control, as part of these measures we also had to take the decision to reduce our workforce by 58 which is about 20.00% otherwise our price increase would have had to be much higher, this is a real human cost for the speculation in silver.
How i wish for 02 prices!
FWIW, the highest price ever for silver seems to have been $49.45 on 18th Jan 1980, in the speculation at that time. So we're within range of that period.
Very sorry to hear of the job losses...it's wrong that speculators (who've probably hardly ever heard of photographic film, and care even less) can cause this sort of problem for ordinary folk's lives. I had the pleasure of going on one of the Ilford factory tours a few years ago, and you couldn't have found anywhere a nicer and more dedicated bunch of people as their staff.
...we also had to take the decision to reduce our workforce by 58... this is a real human cost for the speculation in silver.
Will we see prices drop if silver somehow returns to $10/ounce?
Yes you would.
Not even remotely so when one considers inflation. $49.45 in 1980 is equivalent to a 2010 (most recent date with available data) price of $129.12:
http://www.westegg.com/inflation/
Chris Livsey;1188861Having said that was this diversification the way to go? [url said:http://www.knutsfordguardian.co.uk/news/8984464.Deal_paves_the_way_for_firm_expansion/[/url]
Maybe we all should be recovering our silver and sending it to Ilford?
"Hasn't silver been known and used as a bactericide for many years?"
It has indeed been widely used for many years but as with many "historical" practices/drugs not subjected to rigorous examination, what is referred to as "evidenced based practice" has re-examined many areas assumed to work but found when investigated throughly to be lacking in evidence.
This was published: Dead Link Removed
in 2010 and perhaps Harmman should have read it.
In summary the only area of clinical use that could be justified on the evidence was in burns and even there "the evidence base is weak". Given the silver price increase must work through here as well it is unlikely, unless new evidence is presented, their use in the cash strapped NHS will increase in volume terms. The DTB is very influential as it is not funded by the industry.
Yes you would.
Simon. ILFORD Photo / HARMAN technology Limited
Blimey.
I'm basing these figures on what I'm assuming to be the pre 1.6.11 rise prices on AG photographic and today's prices on Harman Express:
AG (old price) - 50 x sheets 10x8 MG Art = £58.40
Harman (new price) - 50 x Sheets 10x8 MG Art = £75.84
That's approx 28% rise.
Frightening.
___________
...
The people who got screwed are the 20% or 58 who lost their jobs at Harmon, that's not nice. I'd rather see some products cut and nothing new in the works than to see people lose their jobs.
Curt
Rant pared down from an entire page to just these comments.
I'm very sympathetic too, but if they got screwed it wasn't by Harman. The market for film and analog materials is what it is. If there was a screwing it was by the same people who screwed the rest of us in the bubble that went before the most recent economic fall.
I doubt that cutting any materials would have saved jobs. On the face of it that just doesn't make any sense, unless some materials are losing money hand over fist, and I doubt that's the case.
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