SEYMOUR, TENN. - With a housing market a rare port in murky economic waters, a new company is banking on solid growth in 2001 and beyond as a provider of vinyl siding accessories.
Vinyl Corners Inc., a start-up manufacturer of corner trims, will move into a new office in Seymour this week as it grows its staff by one, owner Shawn Farrow said June 29 by telephone.
The company has one product - called J-Corner Trim - that guarantees professionally finished edges around windows, doors, decking and utility boxes, Farrow said. Although the firm has started with that niche, it expects to introduce accessories as the market dictates, he said.
When the company moves into its new office a few miles from its current location, it will add a chief financial officer, he said.
Farrow credited a conservative business approach for the firm's growth.
``Little by little, we've really taken the time to analyze how we want this business to grow and develop, and we're following that plan to the letter,'' he said of the business plan constructed in 1999.
``We're anticipating major growth,'' Farrow said. ``We have projections for $700,000-$800,000 in actual sales this year; in 2002, we anticipate doubling growth.''
J-Corner Trim is injection molded from semirigid PVC, said President Tim Cable. The product is made at McMinnville Molding Inc. of McMinnville, Tenn., on a 110-ton press, said Rick Northcutt, McMinnville Molding's owner.