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H&N photo by Ty Beaver Donnie Boyd, owner of Floyd A. Boyd Co., talks about layoffs and cutbacks the business implemented to survive the 2010 drought
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Drought survival came at a cost
Impact trickled down to area businesses
By TY BEAVER
H&N Staff Reporter
December 19, 2010
Since farmers didn’t grow as much this year, Boyd’s business had fewer sales and there was less need for its services to fix broken equipment.
“We’ve had to cut a few people out of our business and we don’t have any plans to hire them back,” he said.
Boyd remains cautiously optimistic about next year. It could be a good year if the moisture that fell generously in November and early December is a winter-long trend and if commodity prices stay high.
At the same time, he senses apprehension from irrigators. His business typically sees the purchase of a lot of materials and equipment right now as growers look to spend money before tax season.
That’s not the case this year.
“I personally think people are holding off,”
Boyd said.