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The profound journey of the Morgan’s Investment Inc.
Morgans’ along with Minister of Public Works Juan A. Edghill, cutting the ribbon at the opening of their new Headquarters.
…new headquarters opened in Georgetown
Waterfalls Magazine – In the realm of business, the Morgan’s Investment Inc, is a distinguished company specializing in welding, fabrication, and contracting services.
The business which started 2008 in an old workshop located at Lot 2233 Ozama Street North Ruimveldt. On January 8 last, the company moved to a spanning new building 1804 Aubrey Barker Street, Georgetown.
During a formal commissioning ceremony of their new headquarters in Georgetown, Alicia Alstrom and Alena Morgan, daughters of the proprietors of Morgan Investments Inc, Dwight and Lelawati Morgan shared the company’s profound 16-year journey.
Alstorm recalled as a young man, her father moved to the United States but later returned to Guyana.
The Morgan’s Investment Inc. new headquarters
Following his return, Alstorm noted that Mr. Morgan completed his plumbing diploma at Guyana Technical Institute (GTI). He subsequently learnt a trade at the George Union Pipe and Tank, and started working as a semi-skilled labourer, at the age of 17. As part of advancing his training, Mr. Morgan quickly learnt the trade of welding and fabrication.
Given that he was “a fast learner,” of the trade, Morgan began to surpass his mentors and was able to open his own welding ad fabricating workshop. The sole trader business was opened after he gained 18 years at the George Union Pipe and Tank.
The business started with a single welding plan and later was given one from his former boss. It was pointed that his former employer and his wife, Mr. Morgan played an instrumental role in the success of his business.
Notably the business flourished through the years, Mr. Morgan first client was Sol Guyana Inc, the company that offered contracting jobs which included small maintenance. The work shop starting with three employees, and to date have 95 employees, and they increased.
Founders of the Morgan’s Investment Inc. Dwight Morgan and Lelawati Morgan.
Mr. Morgan’s daughter said, “In 2018, is where we saw all the hard efforts of the team, and we began to see the returns…when we began a three-year contract, to supply labour services to three people at Sol Guyana Inc.” This meant ad expansion was need for the business. The expansion was to manage three depots, Rome, Ramsburg, and Timehri.
The Morgan’s Investment Inc has since provided services to Sol Guyana Inc, Shell Guyana Inc., Banks DIH, Demerara Harbour Bridge Asphalt Plant, Golf Engineering, Princess Hotel and Casino, BOSAI Power Plant and many more.
Notably in year 2021, the company was incorporated and the business saw a boost due to birth of Guyana’s now booming oil and gas sector.
Alstorm noted that due to the oil and gas sector, her parents were encouraged to further develop the business.
The first workshop of the Morgan’s Investment Inc.
To this end, the company moved to establish their new headquarters, at Aubrey Barker Street, Georgetown.
Throughout the process, the Morgans’ business faced some challenges but the company was able to overcome those difficulties successfully.
In light of that, Alena Morgan told The Waterfalls “The key to a successful business is to stay steadfast in your commitment to provide a quality service or product for your customers.”
The opening ceremony of Morgan’s Investment Inc. Headquarters attracted the presence of Minister of Public Works, Juan Edghill, and key executives of the company alongside valued business partners.
Edghill’s participation underscored the “symbiotic relationship,” between the public and private sectors in propelling local industrial growth.
In his address, Edghill emphasized the government’s commitment to providing an enabling environment, incentive mechanisms, and ample space for the growth and development of small businesses. He encouraged Morgan’s Investment Inc. to prioritize excellence over profits and to uphold reliability as a guiding principle.
“Keep excellence as your standard and not profits…Ensure that you keep reliability on the radar and as the watchword,” Edghill underscored.
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