The uncertainty of the economy, given the recent election and multiple other factors, didn't stop at least one company for making a major investment in its future.
Naples-based Gulfside Elevator & Cab Interiors recently spent more than $150,000 on new equipment and machines. Gulfside Elevator, a new incarnation of a company that was Taylor Elevator, makes elevator doors, cab interior parts and ceilings, with clients from Marco Island through Sarasota. Gulfside President John Andrews, in a
September Business Observer story, projected annual revenues will reach between $4.5 million and $5 million on 2016, the first full year in business under the new company ownership structure.
The equipment purchases, adds Andrews in a recent statement, will help the company grow faster and is a message to clients that economic uncertainty will not cripple its strategy. “Our new precision equipment allows superior bending and shearing solutions in the forming of light sheet metal to heavy plate fabrication so that we can provide precision results and consistently accurate parts in-house,” Andrews says. “At Gulfside Elevator, we are always on the look-out for ways to save our customers time and money.”