Diversification is just as important for company managers as it is for individual investors. Both parties know it helps ensure growth without being dragged down by any one declining market sector.
Anchor Fabrication implemented a diversification strategy not long after launching in 1990. Since then, the company has grown to serve nearly every major industry from its 375,000-square-foot headquarters in Fort Worth, TX, as well as five other manufacturing facilities that encompass another 700,000 or so square feet.