In 2003, after almost four years of business, Maxey Trailers had its first one million dollar year in production and sales. In 2004, with a total of five employees, Team Maxey moved into a new, larger facility. In 2005, the company built over 2,000 trailers and generated almost 3M in revenue. Things were going well for the company, and busy as ever.
After nearly a decade of rapid growth, the company faced some hard times during the economic crash of 2008. In 2009, revenues plummeted down to half of what they were in 2008. Allen was almost forced to close the doors of his business, but with the help of a few friends, Maxey Trailers pulled through. However, this set the company back by several years. It took four years just to get the company and revenue back to where it had been prior to the recession.
