Buying & Building a $60m Manufacturer
Acquiring Minds
00:00
Navigating Manufacturing Landscapes
This chapter explores the speaker's journey in the manufacturing business, highlighting their long relationship with a former owner and the lessons learned from balancing business and education. It contrasts traditional extraction industries with value-added manufacturing, underscoring the challenges and opportunities in the furniture industry during the 1990s. The discussion also emphasizes the complexities of competition, asset-based acquisitions, and the implementation of lean practices that significantly improved operational efficiency.
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