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600%
Growth in 12 Years - The
company moved in 1962 to a 10,000 square foot complex that it
quickly had expand by 50%. Company staff soon totaled 25.
In August of 1968 Modern Woodcraft's growth to a $500,000
business spurred yet another move, this time to Farmington
Industrial Park. As word about the company spread, Modern
Woodcrafts began serving customers throughout New England, New
Jersey, New York, Maryland, Pennsylvania, North Carolina and Virginia.
In May 1970, 12 years after the company's founding, Modern
Woodcrafts moved its then 40 employees into its own brand new
building, a 32,000 square foot plant within Farmington
Industrial Park. The company jumped from $1.3 million of
revenue in 1971 to $1.8 million the next year, a one year
increase of 40%. The growth continued and by 1974 the
company had to expand the plant to 60,000 square feet.
The list of
prestigious clients mushroomed. In 1974 Modern Woodcrafts
built most of the stores in Kansas City's Crown Center Mall and
the following year the firm built many shops in the Hartford
Civic Center. Norwood Oliver Design Associates of New York
designed both projects. These two companies became
important associates on many major projects. Because
Modern Woodcrafts always provided competitive bids, chains like
Bergdorf - Goodman, Bloomingdales, Filene's, Foley's, Hecht's,
Kauffman's, Lazarus, Lord & Taylor, Macy's, Neiman Marcus,
Stern's, Tiffany's and others became regular customers.
The list of designers the firm worked with over the years is as
prestigious as the clients.
In May of 1979, Modern
Woodcrafts acquired a second plant in Lewiston, ME. A year
later the Farmington, CT corporate offices were expanded and
installed its own computer
department. Today, the company's 150 employees work in
160,000 square feet of space.
Success Secrets - Why
did Pelletier and his company succeed? How could the
accountant who advised Pelletier to close the business in 1960
have been so wrong? Pelletier doesn't hesitate with the
answer. "From its earliest days Modern Woodcrafts
committed itself to excellence," he says. His advice
on how to succeed in the store fixture industry consists of four
basic, but demanding principles.
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Hire the best people
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Use the latest equipment
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Treat each
customer as if they are your only customer
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Keep a positive attitude
"I couldn't have built
this business on my own, " he says. "I've been
fortunate in finding some very talented people to work
with." Company President, Donald Ramsay joined the
firm in 1965. Jean-Louis Bouchard, Senior Vice President
of Operations, came to Modern Woodcrafts in 1962. Two Vice
Presidents, Bill Kallenbach and Peter Spring signed aboard in
1968 and 1974 respectively. All total, the company's top
five officers have more than 165 years of experience. More
than one out of every four employees have been with the company
at least 20 years.
Due to recent retirements and
deaths, we have made some managerial changes with
highly qualified individuals to take us to a new era for Modern
Woodcrafts. Michael St. Germain, hired as Vice
President/Manufacturing brings with him 30 years of wood
working experience, energy, enthusiasm and plans for aggressive
growth. Joe Legere, hired as Purchasing Director, comes to
us with several years of woodworking experience, youth and
futuristic visions.
A second key to Pelletier's
success is technology. Early on Modern Woodcrafts
recognized the need to stay on top of the latest computerized
drafting and factory equipment. From day one profits were
poured back into the operation to keep advancing the firm's
capabilities.
"Quality work comes from
marrying old world craftsmanship with efficient,
state-of-the-art equipment," says Pelletier. "A
top plant today can use tools like optimizing panel saws, CNC
machining centers, V grooving equipment and the latest sanding
equipment to create fine, detailed woodwork that matches
yesterday's craftsmanship at costs that are affordable
today."
Pelletier's third principle
of success is building great relationships with the customer.
"Customers want quality work, but they also want it as a
price they can afford," Pelletier says.
Advanced cost accounting and
estimating programs along with plant efficiencies can enable the
best store fixture firms to use every dollar of the client's
budget wisely. Also, Pelletier makes certain that his key
executives stay close to the client throughout every phase of
each project. Staying close ensures that the project's
final result will be within all budget constraints and meet with
full customer satisfaction.
A positive attitude is the
fourth principle. "The glass is always half full,
never half empty," Pelletier says. This optimistic
attitude was on full display before he had major heart surgery a
few years ago. His wife asked him if he was scared and
said yes. "She thought I was scared of dying, I
wasn't. I was scared the surgery would hurt. I never
gave a thought to the possibility of dying."
Pelletier and his early
compatriots built Modern Woodcrafts by concentrating on always
delivering quality work. The company beat the long odds
and now is celebrating 45 years in business because of high
standards and fine craftsmanship. "As a young boy
scout I was taught that if anything was worth doing, it was
worth doing right. It should be done right and with a
positive attitude. I never forgot that advice,"
Pelletier says. "All my life I wanted to be different
and the best at whatever I chose to do. My golf game is
the exception."
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