Message of the President
As of October, 2008
MESCO has celebrated over 50 years of business because of the level of service we provide our stakeholders, the most important of which are our customers, suppliers and staff.
- We strive to delight our customers by providing goods, technology and services beyond their expectations.
- We support our suppliers by continuously re-investing our profits to promote their brands.
- We invest to develop our staff with the most up to date information and techniques needed to provide the best service.
In the last 30 years I have been with MESCO, the company had undergone three major business crises. There was the Aquino assassination in 1983, the failed coup attempt in 1989, and the Asian crisis in 1997.
During these times, MESCO prospered. We were able to get a larger share of the market. While our competitors were cutting back on their services, MESCO invested more in technology and in our staff and was rewarded with more business.
Today in October 2008, we are facing another challenge - a worldwide financial crisis. It is expected that sales and profits will go down for the entire industry. We look upon this as an opportunity to further our commitment to our stakeholders by investing more in our facilities and training programs.
In a few years the situation will normalize. While our competitors will still be pulling themselves up off the ground, our team would have been further strengthened and be ready and eager to face the challenges ahead.
Allen L. Lee
President
