Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Small Businesses Ready for Four More Years?

Details

  • Description

    K.K. Tool Co.’s Kyle Koehler on small-business sentiment in the next four years.

  • Duration 3:43
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

-- that the election is Obama we wanted to bring back some of the small business owners -- we spoke to -- this year.

What are they gonna do in the next four years now that the president's -- -- reelected.

The last time around next guest was on this program was to respond to this.

Some invested in roads and bridges that you got to -- is that you don't build up.

-- -- of KK tools remembers that segment very very well indeed.

A company that his father founded by the way forty years ago.

Cut cut you are not happy when a President Obama said that because you on this program -- I did bills -- -- part of -- vehement you well okay now look.

The president has been reelected he's got another full -- is -- want you to look to the next four years.

How -- you gonna respond -- -- you gonna do.

We're gonna keep working hard Stuart we're not gonna stop work and we're gonna stop start.

Building harder and better that we have in the past we're gonna have to do that to come across some of the EPA regulations that this.

The president has put -- the last -- you had talked about EPA regulations and boy I listen that intently.

Because one of our biggest customers is international truck and engine -- -- but Ohio they're great company to make a great truck.

But they have had hard times in the last few years because they build an engine that ten years ago would have passed the EPA regulations from ten years ago.

But the EPA is raise that bar it because they've done that the the international truck and engine actually use patented technology that the EP -- Patented they pay them a -- for that they put it there engine and then the engine actually doesn't pass the regulations that the EPA is set.

So they've actually had that.

Let that -- go in there actually putting -- injured in their truck.

-- our town the company we do work for has gone from 6500 workers to a low of 300 workers.

That is the EPA changing the way.

This is that this child this is very very interesting because we talk in in generalize -- about what -- coffee emissions a cash EPA's gonna crack down.

You've just given us a tangible example of -- a crack down costs jobs costs people dealing right that on the ground full.

Now let's relate this to your own business you run KK tools god.

Now -- as you looking towards four -- years -- and Obama camp eagle financial regulation because the EPA coming after you.

What are you gonna do -- -- how do you see things going.

We have to get.

Smart about the way we do business.

Manufacturing there's less and less people manufacturing things in this country.

I'd spent the last two months eleven months campaigning for office and I care around these fliers with me everywhere ago these are manufacturing for -- auction flyers.

For manufacturing firms.

From all over the midwest that are going out of business and leaving this country.

We have to get.

Smart about how we go after.

The businesses that are left the front of -- she -- a business or when tool out of Nebraska they made the vice grip pliers for eighty years in this country.

That company closed up sold off their machinery and moved to China today if you go into a Wal-Mart -- pick up a vise grip pliers.

You turn it over it says made -- -- standards in China alone we are going after businesses that still.

Produced think in this country and they're getting harder and harder to fine but by gosh we're gonna find them -- we are some of the last.

The tool and die shops in our area and we you're gonna be Smart about how we do business we have to -- -- -- I'm very glad that we invited you back a will invite you back again love you spirit.

Thanks so much so -- and -- back thank you very.

Load More