YOUNGSTOWN, Ohio, March 15, 2022 — Rick Organ, president and CEO of Hynes Industries, a leading North American precision-engineered custom roll forming and metal fabricating manufacturer, recently shared his 2022 company outlook with the Business Journal in Youngstown.
In the article, Organ details that Hynes, like many other manufacturers throughout the nation, are facing challenges surrounding labor shortages, inflation and disruptions to the supply chain. Despite this, he has a positive outlook for 2022, which aligns with the $3 million investment the company recently made for a new production line at its Youngstown plant.
“Though we’ve faced challenges since the onset of the pandemic, I’m proud to say we’ve come out stronger, and the high demand we’ve been seeing has only bolstered our growth,” Organ said. “We’re working with our customers to guarantee we meet their needs and enhancements like our new product line and growing employee base ensure we have a strong foundation to accomplish that.”
This year, the company also plans to invest another $3 million into its operations, with the goal of more efficiently meeting this increased demand.
“Because of our strong vendor relationships, we’re able to make investments like these in our operations—and in our employees,” said Chief Financial Officer Ryan Day. “Our vendors have played a significant role on the supply chain side, and our partnerships with them have contributed to our success over the challenging past couple of years. In developing these relationships, we’re able to better support our customers and, in turn, make investments in our plants to support our growth, too.”
Read the full article here: Hynes Industries Part 2: An Optimistic Outlook for 2022 Despite Challenges