NEW PHILADELPHIA, Ohio (July 2, 2009)—An upturn in business has led Lauren International Inc.'s two largest subsidiaries to recall furloughed workers and return to full workweeks.
Lauren announced July 2 that rubber extruder and molder Lauren Manufacturing Co. has returned to a full five-day work week after three months of four-day weeks. Also, Edgetech I.G., which makes elastomeric sealing products for the window and door system and other markets, has recalled its entire furloughed hourly staff.
Expanded capabilities, pursuit of new markets and a gain in market share are attributed to the increased activity, the company said.
Edgetech, based in Cambridge, Ohio, and Lauren Manufacturing, based in New Philadelphia, are experiencing positive momentum heading into the second half of the year, and the parent firm's leaders are optimistic for the remainder of 2009 as new orders are up across the organization.
Lauren Manufacturing, for example, like most businesses across the country, felt the impact of the economic downturn over the last several months, said company President Lisa Huntsman. But because its products and markets are well-diversified and its parent company continually reinvests back into the operation, “we are confident in our ability to grow,” she said.
Edgetech has continued to grow its market share through new product development, global expansion and a strong market presence, and had two record-breaking sales months in April and June, according to President Mike Hovan.