Fast-Track Firms: Bucking the Trends

HGI has utilized a three-prong attack to counter the effects of the recession, according to Faust. HGI's operations have maximized labor utilization through cross-training and selective hiring practices, he says, in addition to capitalizing on state-of-the-art technologies to increase throughput and capacity. Secondly, the company has expanded its product offerings and sales staff to bring in new business. Lastly, HGI has maintained its price integrity/margin in addition to stricter credit criteria for its client base.