Cleveland-based Capital Tape Sold to New Owners
Andrew Small, vice president of sales and operations at Capital Tape, has purchased the Cleveland-based company and is now the new owner. Small purchased the company from outgoing founder and chairperson Ken Hegyes. Capital Tape had been under his guidance since its first customer in 1990. Hegyes says his main objective was to find an ownership group to retain all employees and continue his vision of quick service to its customers. Hegyes will continue to serve as a consultant to the company for the near future.
Small has been with Capital Tape since April 2016. Coordinating a new website, spending time on the road supporting distributors and customers and sourcing additional materials are just some of the tasks he has tackled. Capital Tape president Neil Small, who has been with the company for more than 13 years, will continue to help sustain company growth and handle day-to-day operations.
The company’s products include mirror mounting tapes, door and window glazing tapes, trim attachment, bath enclosure sealing and structural glazing.
EDTM Celebrates 25 Years in the Industry
When Mark lmbrock and Jeff Simpson started Electronic Design to Market lnc. (EDTM) in 1993, they did so to fill a void within the glass industry. EDTM makes glass testing meters that measure glass thickness. low-E coatings and more. The company launched one of its first glass check meters around 1996.
“It was quite a task to get it up and running and launched just for us to be able to get that out there for a company to measure glass thickness and tell where low-E coatings were all these things the industry didn’t even know they needed yet,” says vice president lmbrock. “It was a lot of fore- sight and looking ahead at things that we could see the industry didn‘t have. There was no company like us; it was an untapped market.”
He says that the team identified needs within the industry early on that no one was developing solutions for at the time. Now customers come to EDTM with their needs and the company can develop solutions.
“We’ve gotten even better at filtering customer requests. We always tell our customers, ‘These product ideas come from you.’ Most all of them have. I’d like to tell you l sit here behind a desk and come up with these ideas by myself, but that‘s really not how it works,” says lmbrock. “lt’s usually from having dialogue with somebody. We’ve gotten better at filtering those so if we do go into development on a product there’s a pay day at the end of the day.”
EDTM has grown tremendously since 1993. The company bought a new building in 2005, giving it room to grow. The decision helped the company weather the recession.
“I can remember moving in and thinking we’ll never fill up 16,000 square feet. It only took a couple of years and I thought, ‘Wow, that didn’t take long at all!’ It was a big leap of faith to jump into a building at that point in time,” says Imbrock. “Thankfully, things went as well as they did going into the recession. We had ourselves in a great position having our own building and being pretty much debt free by the time the recession started.”
The company has invested in equipment such as 3-D printers, which have revolutionized how it makes its meters. Imbrock says the company has also invested in automation, which has helped it stay lean and efficient. Imbrock also credits the employees for the company’s success.
“Our employees are a phenomenal group. We didn‘t get to 25 years just because Jeff and I pushed it. We made it because of who we have on our team,” he says. “We have extremely low turnover. We don’t lose people. Once they start they’re usually here for quite a duration. We have some employees who have been here since 1997. They take ownership in what we do and take the quality of the product personally.”
Going forward, the company is focusing on social media, which it didn’t do in the past. Another new area is branding. While EDTM is developing complex technical products, it recently released low-E cards, which can be customized to include any company‘s information and branding.
“We spent the better part of our lives getting this merry-go-round spinning as fast as we can and the dialogue starts happening at this point in life where you start saying ‘how does the company transition years down the road from now?‘ We’ve got to start setting those things in place now,” says Imbrock.
Two updated American Institute of Architects Continuing Education System (AIA CES) registered courses can be accessed via Vitro Architectural Glass’ online “Continuing Education” portal. “Understanding Low-E Coatings” shows how high-performance architectural glass can significantly improve the energy efficiency of buildings while simultaneously reducing their operating costs and carbon emissions. “Glass Production, Processing and Performance” examines different types of glasses, including clear, tinted and low-iron glasses, and highlights common application processes for coated low-E glasses and their effect on buildings’ energy and environmental performance. … Rowe Fenestration is now offering Airolite products, including architectural louvers, custom grilles, sunscreens and sun controls, in Southern California. …Tempco Glass Fabrication, a regional glass processing firm headquartered in New York, has received certification from the New York City Department of Small Business Services as a Minority Business Enterprise (MBE). To qualify for New York City certification as an MBE, a firm must be more than 50 percent minority owned, in business for at least one year, have demonstrable operations and revenues in the city and geographic market of the surrounding counties and meet other criteria. Tempco’s MBE certification is valid through October 2020 and may be renewed thereafter. … Technoform is now the singular name and brand identity for the company’s business units in the Americas, as well as for all of its operations across the globe. Technoform’s evolution in brand identity and improved customer experience will be supported with a new website launching before the year’s end.
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