5 of 5
BACKNEXT
Sheet metal for science
Sheet metal for science
An example of American Alloy's welding work.

American Alloy
Spokane, Wash.
Job count: Added 1 welder

American Alloy got a small, $5,000 stimulus contract to manufacture aluminum stands for the National Oceanic and Atmospheric Administration. It finished the two-week job in the fall.

"We cut the material, welded the material, machined them together and delivered them," says Garret Guinn, owner of the Spokane, Wash., sheet metal company.

The 3-year old company has 30 full-time employees who work in a 32,000-square-foot industrial space. The stimulus project wasn't a game-changer for American Alloy, but it did bring one new one employee onto the company's payroll.

"I could have done the job and not hired another person," Guinn says. "Instead of running everyone overtime, we decided to bring another person on."

That worker has remained with the company, which has found enough new work to keep him busy.

"This contract was probably $5,000 -- it was nothing -- but it was enough to say, 'Ok, I can justify that person,'" Guinn says.

More galleries

Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
LAST UPDATE: Feb 01 2010 | 12:20 PM ET
Tracker: Where the money went Here's the math behind the $4.7 trillion big bang. More
A small biz boost that fizzledThe ARC loan program was intended to save ailing companies, but it's in need of its own rescue. More
Saving renewable energy Funding for new projects used to rely largely on Wall Street profits. When those dried up, the government had to act fast. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.