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Date Posted: 7/1/2007
Industrial Resources Under New Ownership
A private equity group has purchased Industrial Resources of Michigan Inc. and changed the name of the company to Industrial Resources Inc.
Dan Collins, formerly executive vice president of the company, was named president of Industrial Resources.
“We are all very excited about the new ownership and are looking forward to not only continuing our support of the pallet industry but turning up the dial in our offerings of both design and services,” said Dan.
The purchase came at a time when the company was looking to expand its offerings. Although the ownership has changed, the people that made Industrial Resources an industry leader will continue to build on their work in concept, design, manufacturing and service.
Industrial Resources has changed several aspects of its business model in order to lead the pallet equipment industry in offerings, delivery, installation, service and warranty.
“Our industry is in the infancy stages of automation, and we have dedicated ourselves to become and continue to be the industry leader in automation for pallet handling solutions,” said Dan.
Industrial Resources has specialized in manufacturing machinery and systems for pallet recycling operations, including pallet handling and sorting. The company can supply component machines or complete automated pallet sorting and repair lines.
For more information, call (800) 748-0306 or visit www.irinc.us.
Package Research Lab Executive Dies
Herbert ‘Sonny’ Eagerton III, inspections director for Package Research Laboratory, died recently. He was 56.
Sonny joined the staff of Package Research Laboratory in 1996 as a field serviceman. He was promoted in 2002 to field inspector and was appointed director of wood packaging material inspections in 2004.
A native of Alabama, Sonny lived in Eastman, Ga., where he was a member of the Eastman First Baptist Church.
His family requested memorial contributions to the American Cancer Society, the First Baptist Church World Hunger Fund or the First Baptist Church Vince Taylor Memorial Scholarship Fund.
Baker Employees Compete in Race
Three employees of Baker Products recently competed as part of a team in the annual Ozark Greenways Adventure Race. The team finished seventh overall and 1st in the master’s category, which is for teams whose members have combined ages of 160 or more.
The Baker Products employees were sales consultant Clay Hedrick, research and development engineer Wayne Swyres and advertising director Kendall McNail. The fourth member of the team was Ceclie Goodman. The team’s time was nine hours and nine minutes.
The Ozark Greenways Adventure Race tests the skills and endurance of four-person teams in an 8-14-hour multi-sport event that covers a cumulative distance of 50 miles. It includes running, canoeing, mountain biking, orienteering and mystery tests. Members complete each stage together.
The headquarters for the race was the Niangua River Oasis near Bennett Spring State Park in Missouri.
Viking Names Duffy Corporate Controller
Viking Inc., which manufactures automated pallet assembly systems, named Kristi Duffy to the position of corporate controller.
A graduate of the University of Wisconsin, Kristi has a strong background in accounting and financial planning. She has worked for other businesses and also has consulted for Fortune 500 companies.
Outside of work, Kristi enjoys athletic events and other activities with her husband and three children.
American Lumber Adds Tesch, Bowman to Staff
American Lumber has named Mark Tesch a sales associate.
Mark had six years of experience in the lumber industry before joining American Lumber and is a graduate of Sam Houston State.
American Lumber also named Van Bowman as a sales associate. He has more than 20 years of experience in sales.
Texas-based American Lumber supplies southern yellow pine, spruce-pine-fir and hardwood lumber and plywood, including pre-cut pallet stock, and has lumber remanufacturing facilities in Texas and Arkansas.
For more information, call American Lumber at (830) 278-2282 or visit www.americanlumber.net.
BC Wood Products Changes Ownership
Richard Barrett, founder and owner of BC Wood Products, a recognized manufacturer of quality wooden pallets and packaging since 1970, was one of the 11 Virginia pallet manufacturers who met in Richmond in1977 to support the launch of Pallet Profile Weekly. Dr. Ed Brindley, publisher of Pallet Profile Weekly and Pallet Enterprise, has always respected Richard as a progressive, professional businessman behind BC Wood Products.
Richard and his wife, Carolyn, sold the company in May to Murdock Acquisition LLC. Gordon Murdock and his son, Alex, are excited about becoming the owners of BC Wood Products and the challenge of taking the company to the next level. The Barretts recognized that the company and its employees had potential that needed a new management thrust to develop.
Richard said, “We are very pleased to be selling our company to the Murdocks. We invested several years in preparing our company for sale and finding the right buyer who would take care of our employees and customers and take our company to the next level. With Mr. Murdock’s extensive experience as an executive for an international tire manufacturer and his many ideas and passion, it is clear that we found the right person. We want to thank Alpha Omega Capital for guiding us through the process and making all of this possible.”
Gordon has a quality assurance and manufacturing background in the tire industry, and Alex has developed as a people person with a business and leadership background from the University of Richmond.
BC Wood Products designs, manufactures and distributes a broad variety of pallets, containers and other wood products and related services in the central Virginia area. Principle customers include niche manufacturing subsidiaries of Fortune 500 companies that make specialty products and require custom shipping platforms and handling techniques.
Richard expects to stay on to help the transition while the Murdocks learn more about the business and the pallet industry. He will stay full-time for a couple of months and then have a significant part-time commitment for about three more years. Everybody expects a smooth transition, during which time Richard and Carolyn will be able to enjoy more time with their five grandchildren and gradually devote more leisure time to the fishing and bird hunting life available in Virginia.
The staff of Industrial Reporting wishes the best for the Barretts and Murdocks and trusts that this ownership transition will be good for all the people affected. It is with sadness that we wish a gradual good-bye to the Barretts and with gladness that we welcome the Murdocks to our industry.