Our first three months were going so well that we were expecting 2020 to be another year of growth. But in late March we were hit with the prospect of manufacturing closure. Some research told us that Endural is classified as a critical manufacturer by the Homeland Security rules. You could hear our sigh of relief for miles.
We decided early on, not to lay off any of our team
As we continued to ship on existing orders, we saw that new orders were slowing considerably. Our customers told us they were conserving assets while waiting to see what this Covid pandemic was going to do. Some customers even had to close temporarily.
By late summer, sales were a trickle
What did we do? Our seasoned machinery operators were rebuilding and performing maintenance on all our machinery. We cleaned, we painted, we greased and we tackled all those projects which were on our wish list.
In October the flood gates opened
Orders poured in with requests for delivery before year end. Fourth quarter revenues came back to first quarter levels. With overtime and second shift bonuses, it was going to be a good Christmas for our families.
Many thanks to our customers and our Endural team!
It was a roller coaster year for sure. Good news is we made it and we are getting back to “normal” in 2021. We hope you are as well. Let us know what we can do to help get your 2021 off to a great start.