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The Power of Perseverance
PowerTech Propellers started out as a company making products to meet a need and
has grown into one of the biggest independent manufacturers in the world
Author:
Mar 29, 2021
Each propeller starts out as a casting filled with molten stainless steel. The props in this image are cooling after being poured by hand.
Powertech
At 24 years old, Steve Powers was on top of the world. He and a business partner had a real-estate and development business that was doing $8 million in annual revenue in Shreveport, La. He was driving a Porsche and living the good life.
Then the oil industry crashed. “We went from selling 12 to 15 houses a month to selling zero,” says Powers, who is now 62. “We lost everything that we had and went broke.”