At HME, the increase in production means more hires — 12 to 20 people over the next year and a half — and the announcement of a new facility in the next month, said Monterusso, who started working at the company eight months ago. These plans come as the 170-employee company hired roughly a dozen people over the last eight months.
The success at HME is part of a recent industry trend. According to a forecast from Research and Markets, the fire truck industry should achieve compound annual growth of 7.1 percent over the next decade, reaching $8.5 billion by 2025.Â