Page added on October 27, 2005
From contractors to coal companies, plenty of firms are cashing in
Oil companies aren’t the only ones benefiting from high oil and natural gas prices.
From contractors in Columbus to coal mining companies nationwide, plenty of firms are cashing in on the cost of energy, as individuals and businesses scramble for alternate fuels and more efficiency.
“We’re just swamped,” Mike Rosati, president of Rosati Window Co. in Columbus, Ohio, told Columbus Business First. “I haven’t seen anything like it in 27 years.” In Columbus, Business First reports, homeowners are making last-minute improvements to stave off heating cost hikes. It’s a natural reaction to government predictions of natural gas hikes in the 46 percent range and fuel oil increases of about 32 percent.
Rosati told the Business Times he’d hired nine extra workers to help keep up with demand, and expected to hire 10 more in the next few months. Steve Cikach of USA Insulation told Business First he’s been planning for the increase since April — tripling his advertising budget and hiring extra workers — and expects business to triple this year.
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