Authorities at Preconco Limited (PCL) are upbeat about the company’s prospects this year after posting a strong performance in 2017.
Operations Manager of the local precast company Joshua Read said the highpoint for the company last year was the near 15 per cent rise in employment that resulted from PCL’s involvement in several local and regional projects.
“In many cases what was temporary employment (as a result of those projects) turned into full-time employment. Throughout the year we would have seen close to a 15 per cent increase in our staff complement and it was as a result of the opportunities, which came to us after many years of going after and looking for the work. It was something we had to fight hard to get,” Read said in a statement.
The Preconco boss was also satisfied that the company was able to maintain its prices in the face of a tough economic environment.
Read explained that the company made critical internal changes and partnered with suppliers to achieve this.
“In 2017 we worked very closely with our suppliers to come up with solutions which allowed us to keep our prices stable, with no price increase throughout the year. We’re very proud of that because it is value added to our clients and that’s what we’re here to do. We want to continue that same trend in 2018 and find ways of becoming more efficient in what we’re doing- to provide a valued product and a valued service.”
Read is confident that the company is poised for further expansion this year as it continues to go after business at the local and regional levels.
“We’re developing new products and technologies, and growing regionally, as well as working on many opportunities with hotels, commercial and industrial buildings and housing projects in Barbados and around the Caribbean,” he said.