Business View Magazine | Volume 8, Issue 8

32 BUSINESS VIEW MAGAZINE VOLUME 8, ISSUE 8 approach to technology adoption. “Most of our machinery is old but very good quality,” says Barrera. “Instead of replacing them, we upgrade them, and add new auxiliary equipment to make our processes faster and more efficient.” The company’s new fabrication equipment includes a controlled automation coper, punch line, angle line, and plasma/burn table and detailing software like SDS/2, Tekla, and Autodesk Product Design Suite Ultimate. As the economy and various industries emerge from the pandemic, one issue of significant importance to Allstate Steel is the cost of materials. Barrera admits, “As companies resumed work, demand for materials skyrocketed, and with it rose steel prices, which have not stopped climbing since. Currently, our main strategic priority is to cushion our business from these price hikes, which are occurring fortnightly.” belt. Currently, the company is in the last phases of completing a project for the Mayo Clinic Hospital in Jacksonville, FL that includes the fabrication and installation of a new six-story hospital addition and parking garage structure with a retail link. “We were also just awarded a new VA hospital project towards the north of Jacksonville, and we are about 60 percent on the Baptist Clay project out on Fleming Island, which is our largest project by value to date,” says Barrera. “Most of our projects are here in Jacksonville because the construction market is very busy,” Sharon explains. “The main benefit of having a home territory is that we don’t need to travel for work because all our projects are within our area.” On a technical front, the company supports all these new projects by taking a pragmatic