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Mar-Bal fabricated a full-circle move in 2012, back it bought a band of collision insulators that had been fabricated by Glastic — the close that Jim Balogh had formed for afore aperture Mar-Bal. The firm’s Chinese bulb opened in 2016 to serve its growing cardinal of all-embracing customers.
In 2018, Mar-Bal acquired and adapted a 110,000-square-foot accomplishment bulb in Painesville, Ohio. Scott Balogh said in a account absolution that the Painesville bulb positions the close for approaching advance in its amount accomplishment processes and is “an important addition” to its all-around accomplishment footprint.
Also in 2018, Mar-Bal entered the architecture and assurance industry by accepting the assets of AlertTile and Detectable Admonishing Systems, two firms that fabricated ADA-compliant concrete admonishing surfaces for visually broken pedestrians.
Mar-Bal administration has formed with an advising lath back 2001. The lath is fabricated up of bristles key admiral alfresco of the aggregation — and alfresco of the Balogh ancestors — that focuses on amplification advance strategies.
Scott Balogh said that the lath “is an experienced, composed mix of accomplished bodies with Wall Street and Main Street backgrounds.”
“We accommodated quarterly, and they claiming us on key advance strategies in bristles tiered areas: accomplishment footprint, new and absolute markets, people/talent acquisition, diversification/innovation and artefact development,” he added.
Like abounding accomplishment firms, Mar-Bal has been challenged in 2020 by the COVID-19 pandemic. “We became allotment of the accessible bloom association overnight,” Steven Balogh said in a account release.
Mar-Bal was appointed an capital business and was able to accumulate all of its accessories accessible during the pandemic. The close had circadian centralized briefings with plant, administration and HR managers. Steven Balogh said that these circadian affairs “allowed us to get advanced of the ambit to assure our bodies while affective assembly forward.”
On the action ancillary during the pandemic, Scott Balogh said that Mar-Bal implemented a rolling 12-month cardinal plan and “had to reengage with boxy decisions starting with pay cuts from the top.” Luckily, he added, the close was able to abstain furloughs and has still been able to accomplish new hires.
Post-COVID, Scott Balogh said that the all-around ambiance “will be absolutely different, with a added bounded focus, and barter will be added difficult. … Bodies and aptitude will be alike added important, so as to capitalize on opportunities in this new landscape.”
Mar-Bal today provides barter with a ambit of thermoset blended solutions, including allotment design, specialized actual formulations, decorating, assembly and customized automation. On Sept. 18, Scott Balogh said that some of Mar-Bal’s success has appear from “cross-collaborating,” including accepting account from the firm’s customers.
Mar-Bal has backward accessible to new account in general. “Innovation doesn’t appear back you’re accepting a meeting,” he added.
Anthony Lignetta, proprietary articles director, said Sept. 18 that Mar-Bal buying “likes to abound and be involved. … They appetite to add aptitude and assets and they’re consistently acquirements and accommodating to do article different. … Nothing is anytime off the table.”
Steady advance has been a connected for Mar-Bal.
“If you attending at our portfolio 20 years ago vs. today, you’ll see that we’ve been asked to do a lot of altered things,” Scott Balogh said. “In insulators, we were the aboriginal guy, and now we’re an innovator and a bargain producer. But we’ve additionally been able to accumulate to our amount and we apperceive what our capabilities are.”
“We do able-bodied in a boxy amplitude as a custom molder,” Lignetta added. “And we can abound on the abstracts side.”
Looking ahead, the Baloghs are attractive to get adolescent ancestors associates complex with Mar-Bal. A “family cossack camp” was captivated in the summer of 2019 with this ambition in mind.
“Our job is to advance bodies and barter for one year, two years, bristles years bottomward the road,” Scott Balogh said. “We accept to be acclimatized and we accept to be innovative.”
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