“The company’s growth has been fueled by its diversification efforts, which started in 2012. The company’s capabilities in surface enhancement technology are horizontal technologies that serve multiple verticals. By focusing on specific vertical segments and developing deeper, value-based solutions, the company has been able to grow the top and bottom lines.”
“Finding talented individuals to keep pace with the company’s targeted growth plans is the biggest obstacle to further growth. As a result, we spend more management time on the recruitment, mentoring and training of new hires as long-term employees see retirement in their near future.”
“We started a college recruiting program this spring and will continue it into the fall and spring of next year. We recently completed a complementary acquisition and will continue to look for appropriate opportunities in this space. We will focus on continuing to build the strength and accountability of our sales team. We are embracing the use of information technology to streamline our business and improve customer service.”
“We serve more than 10 industry verticals, so often times this question is a mixed bag answer. We see the oil and gas market being down for an extended period of time, while we expect to see the converting and packaging market strengthen slowly heading into Q3 and Q4.”
“Stay the course. Execute on the sales pipeline while we continue to improve customer service levels.”
American Roller & Plasma Coatings
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