|
Reprinted courtesy of Industrial
Distribution
Things are golden these days at
Windsor Factory Supply—in more ways than one. With 2004 sales at
nearly $100 million, according to president Duncan Brown, the
company has enjoyed consistent profits and growth for the past
several years.
In addition, Windsor is celebrating
its 50th anniversary this year with a series of celebrations and
customer appreciations throughout its six Ontario locations.
'We're showing our customers how we
appreciate them keeping us around for 50 years. We've done something
right, I guess, to keep the same recipe going for that long,' Brown
laughs.
The company was founded in June 1955,
by Jerry Slavik and Joe Sobocan. It was literally 'a nuts and bolts'
company back then, Brown explains. Both Slavik and Sobocan worked
together at another nuts and bolts company in the area, but were
unhappy and decided to venture out on their own.
Together, they founded Windsor and put
themselves in a position to grow as auto assembly factories and
machine shops began opening up in Southwestern Ontario in the
mid-'50s.
'They started out pretty bare bones,'
Brown says. 'But they grew the business and had some good contacts
with some understanding bank managers. Slowly, they grew the
customer base and added employees to handle that business and it
went from there.'
The company grew to the point where in
1985, it started a profit sharing plan with its employees, where
Windsor employees owned 49 percent of the company. The remainder of
the company was bought out by the employees in 1995.
Today, the company headquarters is in
Windsor, just across the U.S.-Canada border from Detroit, and about
a three-hour drive from Toronto. Brown's office is at the London
location. The other branches are in Samia, Leamington, Wallaceburg
and Mississauga.
Brown himself has worked there for 30
years. Before that, he worked in his family's home building
business—a facet of the industry to which he's still connected
today. Housing construction has been a key part of Windsor's
success, especially in recent years.
'The housing industry is still quite
strong in southwestern Ontario,' he explains. 'A lot of industry is
still coming into this area, which allows the housing market to
grow.... And the interest rate has been pretty favorable here in
Canada for a number of years.'
Of course, when houses go up in
sufficient numbers, additional construction work usually follows.
For example, the area near Windsor's London location, he says, 'is
one of the cities vying for a new Shriners Burn Hospital. We're on
the short list for that.'
The casino industry in Ontario—while
originally a niche business for Windsor—has proven to be a source of
added business in recent years. Brown estimates that there are some
20 casinos either built or being built in southwest Ontario.
'Most of our supplies to them are
material handling items and some large carts,' Brown explains, the
latter used to move the many dollars in coins that casino slot
machines take in and, occasionally, pay out.
'Some of that is changing, too,' he
says, referring to debit cards being used more in casino slot
machines. 'A lot of the casinos are moving away from using coins....
Now they print out a little ticket that's bar coded. You bring that
to the cashier to get your money. I've heard that this is starting
to happen in some of them.'
No more of that magical jingle-jangle
heard all too rarely by slot machine winners? No more 'cha-ching'?
'Yup,' Brown laughs. 'Funny, but I
always thought part of the mystique of winning was hearing those
coins rattle in the tray....'
An owner's attitude
Longtime suppliers have been pleased
with the Windsor experience. One is Ross Cordell, senior distributor
sales manager for Aearo Canada Ltd., a manufacturer of safety
products located in Mississauga, Ontario.
Windsor is a fully authorized Aearo
distributor in Canada, Cordell says. He raves about their work with
Aearo and points to Windsor's employee-owned status as a factor.
'When you talk to them, every
individual is an owner. So they take an 'owner's attitude.' They
just seem to raise the bar in everything they do,' he says.
As an example. Cordell routinely makes
joint sales calls with Windsor's outside sales reps. On one such
call, the customer they were visiting asked for a special price
quotation that required the sales rep to check in with the Windsor
home office.
Cordell, from experience with other
distributors' reps, was quietly leery as 'my frustration with some
distributors, albeit not all, is that a week or two after such a
quote request, the customer will still not have seen that quote
yet.'
After the usual 'we'll get right back
to you' farewell, Cordell and the Winsdor rep headed out to their
car.
'Before we get into my vehicle, the
Windsor rep is on the phone, talking to his inside sales guy,'
Cordell recalls. 'He hangs up, turns to me and says, 'The quote's
already been sent.' The customer had that formal price quote
in-transit to him before we even left the parking lot.'
Brian Katz, director of field sales at
Stanley Works in Dundas, Ontario, calls Windsor 'one of our stronger
supporters' for virtually the entire Stanley Tool line.
'They give true definition to the
overused phrase 'business partner,'' Katz says. 'They will
proactively come and tell us about some end users they'll want us to
target together... When they might have an issue, they'll call me to
address it, but they will also come with suggestions on how to
resolve that issue.'
Now about those anniversary
plans—Brown says there was a big event held earlier this year on
Niagara on the Lake, near Niagara Falls.
Windsor brought in 'all the employees
and all the [Windsor] alumni for a weekend.... There were also shows
for our vendors in Windsor with 45 suppliers involved. In addition,
each branch operation is being challenged to put on a local event
within their areas.'
|