Anchor Plastics, Inc. Reports 56% Increase in Sales Over 2009

Online, August 17, 2010 (Newswire.com) - Throughout the past year many businesses have been put under enormous financial stress due to the recent loss of sales. Anchor Plastics, Inc. owner Steve Rogers was under the same pressure. During 2009 Anchor ended up experiencing a 40-percent loss in sales, but was still profitable. "In response to taking such a big hit, we became more efficient in how we ran, became reeducated on cash flow and tightened our belts," says Steve.

By the end of 2009 Anchor was back to running at its normal pace. Total sales through July of 2010 had increased 56% over the same period in 2009. Molding sales through July of 2010 made up an impressive 47% increase while tooling sales were up an astonishing 361%. 2008 was one of Anchor's best years since Steve Rogers purchased the company, and so far 2010 year-to-date sales have even increased 1% over that year.

"We're getting busy again and I see us growing at least 25 percent in 2011," says Steve. Very pleased that Anchor rebounded from the economic downturn so quickly, he credits the success to his hard-working employees and positive attitudes. "It was a challenge to see the light at the end of the tunnel in the beginning, but everyone really pulled together and made it happen."