Fire leaves 20 workers without job (video)
Oct. 8, 2013 at 5:08 a.m.
Updated Oct. 9, 2013 at 5:09 a.m.
YOAKUM - Twenty workers are now without a job after a fire Monday destroyed Precision Saddle Tree.
"The employees are all full time," said Tom Stevenson, general manager since the company opened in 2008.
The company operated a daytime shift five days a week.
The computer assisted design equipment was monitored after regular daytime hours by a lone employee, Stevenson said.
The company already was considering a relocation before the fire destroyed the 1910 building leased from local owners.
"We are growing and planning to move," said Stevenson. "The new building is 80 percent ready."
"We want to get in the new building as fast as we can, but there's no set timetable," he said.
The new location is on Industrial Loop near the airport.
Precision Saddle Tree is a separate corporation associated with Circle Y Saddles in Yoakum, said Mark Jamelka, executive vice president and chief operation officer of Circle Y.
"We have some inventory, so we are OK for the short term," Jamelka said.
"Circle Y is also our biggest customer, but we distribute to other saddle makers in this area, in Texas and across the nation and internationally," said Stevenson.
He said the company's payroll is about $500,000 annually.
"We have some insurance issues to finalize and equipment to purchase and get back into place doing what we love to do and that's make saddle trees."