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Waymon Armstrong and his high-tech training company weathered a near-fatal storm nearly a decade ago, long before the housing meltdown and financial crisis pushed the U.S. into the worst recession since World War II.
Armstrong’s business, Engineering & Computer Simulations Inc., almost went under when it was hit by both the dot-com meltdown and losing bids for some big defense contracts.
But after sinking into debt, losing most of its revenue and dwindling to only a few employees, the Orlando-based company, known as ECS, has regained its stride and is now a prominent small-business player within Central Florida’s training-and-simulation industry, considered the largest cluster of such companies and military agencies in the U.S.
Read more by clicking: Orlando Sentinel 10-10-10
