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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCORONAVIRUS CRISIS U.S. CO. GETS $67 MIL IN MASK ORDERS!!! But Unable to Meet Demand
Coronavirus fears could instantly make MILLIONS for a U.S. distributor of face masks, but demand is sky-high ... the company can't come anywhere close to meeting it.
A sales rep for NCI -- which sells cleanroom equipment and supplies -- tells TMZ, it received an order request on January 29 for a whopping $56.4 MILLION worth of masks from someone claiming to be tied to the Chinese government.
The rep says the order -- which was for 553,000 cases of masks -- obviously would have made the company's year, but NCI had to say no because here's the thing ... they're coming up more than a half a million cases short!
That's right, NCI says it only has about 30 cases left in inventory!!!
The reason is simple: Demand has been insanely high since coronavirus news, along with diagnosed cases, has spread like wildfire around the world. We're told NCI actually doubled its price from $100/case to $200/case, attempting to drive down demand and make its supplies last.
That hasn't really worked out, and inventory is so limited now, the sales rep says they're only selling to longtime customers. Still, after the massive order request -- apparently from China -- we're told 2 more people showed up at NCI's Minnesota offices asking for 56,000 cases at the new $200/case price.
https://www.tmz.com/2020/02/28/coronavirus-face-masks-orders-china-demand-56-million-minnesota-company/
Blues Heron
(5,931 posts)lol panicky caps
Rorey
(8,445 posts)I read last night that he said something about increasing production. He has no idea that it's just not that simple. If the companies that produce don't have the capability to produce more, then it's not going to happen. Making it possible to produce more can't be done in the blink of an eye.
He's just really, really stupid.
MontanaMama
(23,297 posts)are out of all masks. Im not at all sure they really help but it was creepy to look at the empty shelves.