Service — Sales Growth
Perhaps entering the wind power industry sounds curious for an industrial services company providing on-site oil reclamation and lubrication system maintenance. But COT-PURITECH Inc.’s ability to diversify its offerings in the midst of a recession kept the company’s revenue climbing.
In the last four years, the company saw sales increase by $8.3 million and employee count increase by 86 percent. The Canton-based company now employs 80 people. The company’s new jobs, productivity and increased income for local residents have added to the local economy.
When looking for ways to diversify COT-PURITECH, Kip Bolon looked for industries that showed future promise. COT-PURITECH expanded into the power generation industry, the petrochemical industry and, understanding the importance of adapting with technology, the wind power industry.
Along with growth of services, COT-PURITECH looked to extend its reach. The company has entered new geographic regions and has planned further expansion throughout the United States, including the West Coast and Hawaii, off-shore and foreign markets, such as Canada and New Zealand.
While COT-PURITECH expects 2010 and the economic recovery years ahead to present continued challenges, the company is poised for growth as it further penetrates the market with its new line of services.
Although excitement and new opportunities surround COT-PURITECH’s diversification, the company continues to work on improving its core services.
COT-PURITECH is considered an industry leader in technology. That recognition has come partially from the fact that the company has invested in an expansive fleet of oil flushing and flush-support equipment. COT-PURITECH points to the capital investment as the reason it can deliver appropriately priced value and reliability to it customers.
Along those same lines, COT-PURITECH operates the largest and most sophisticated fleet of mobile reclamation units in the United States. The company has positioned the tractor-trailer mounted oil purification units strategically across the country, allowing it to respond quickly to emergencies.
You can offer diverse services and penetrate the market, but there is still one more missing piece when it comes to a company’s ability to grow. COT-PURITECH has gone to great lengths to understand its customers and build strong relationships.
How to reach: COT-PURITECH Inc., (888) 478-6996 or www.cot-puritech.com
