2020 – New Year
January 10, 2020
Last year went by quick – we talk about it every year, but it felt like it went from February to November in the blink of an eye and on through the holidays and the end of the year. Granted, we were busy and when you’re busy time always seems to move more quickly.
Although we didn’t hit our budgeted sales goal for 2019, we did manage to beat 2018’s sales number to achieve Hydra-Tech’s best sales year ever. We shipped orders all over the United States and all around the world. In the 12 years at our current location we have averaged export sales of about 20% as a percentage of total sales. We appreciate our customers’ loyalty to our products and the service we provide.
The other major thing that Hydra-Tech accomplished in 2019 is that we increased our manufacturing space by 44% – adding 8,000 square feet of additional manufacturing space to the 18,000 square feet we have been working out of since moving the business to its current location in September of 2007. With ever increasing sales volume over the last 4 years, one of the challenges that we have faced was space. Our new space will be a combination of warehouse space and manufacturing space that will allow us to increase efficiencies related to our production.
We’re three weeks into 2020 and yes- it seems to be moving faster than 2019 already. But we have big goals. 3 trade shows, and lots of customers to satisfy. The World Pumps Us for Solutions – and we have to be on our toes and ready to find solutions for those customers new and old.