Question-and-Answer Session
Unidentified Company Representative
Yes ma'am, you've waited very patiently.
Unidentified Audience Member
Thank you. [Question inaudible]?
Unidentified Company Representative
Well, we buy the majority of our steel from US manufacturers. We don’t have a steel company. We don’t make it. We buy it from US manufacturers and we have a very sound position with them. For 51 years we’ve been in business and we’ve been very careful. If we make a commitment, we follow through on it. When the bill comes, we pay it on time.
Unidentified Audience Member
[Question inaudible]?
Unidentified Company Representative
Beg your pardon?
Unidentified Audience Member
[Question inaudible]?
Unidentified Company Representative
We buy overseas also, it varies. But yet, you have to know the chemistry of the steel. And that’s not a simple opinion. In some cases, we don't buy from a lot of companies. But we buy overseas, sure. We’ve bought some from China.
Unidentified Audience Member
Okay. Could you just touch on your outlook for the California construction business and what is Home Depot telling you about 2009?
Unidentified Company Representative
I don’t know what Home Depot was telling us. I think it depends on what we do to help their sales, but the California market is not good and I don’t think it (inaudible). I don’t think it has, but we don’t talk about that kind of thing. We talk about what we're going to do, not these things over which we have absolutely no control. And thank you very much, all of you, for being here.
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