Wasatch Container (CONT’D FROM PAGE 24)
Board Converting NEWS INTERNET DIRECTORY
prepared a business plan and presented it to Keyser as a potential partner. After learning the hard way in what can happen without a clear succession plan, Frisch also saw the importance of a buy-sell agreement, a legal contract for co-owners of a business that stipulates what happens to stock ownership in the event of a death, disability, divorce or other trigger- ing event of an owner. Frisch said that the buy-sell agreement is a must so that the ownership remains in the best interest of the company and fairness to the owners. “If you don’t have one, it’s going to cost a lot of money and ruin a lot of friendships so please keep that in mind if you are doing this,” he said.
ADVANTZWARE www.advantzware.com
Advantzware provides a comprehensive system to address the business management needs of the independent box business, as well as the ERP requirements of full scale pack- aging plants and integrated companies. With modules for estimating, scheduling, production, inventory and account- ing, this scalable system supports companies that produce corrugated boxes, folding cartons, point of purchase dis- plays, assembled partitions, and paperboard products. AIR CONVEYING CORPORATION www.accfilter.com Air Conveying Corporation is a leader in the industry of Pneumatic Conveying Systems and has been in business since 1968. As an equipment manufacturer rather than sim- ply a sales organization, we have complete control over the quality of material and products which make up your pro- posed system. Our equipment is found in printing, folding carton and corrugated plants throughout the world. We've been designing, manufacturing and engineering pneumatic conveying systems since 1984. We partner with our customers to ensure they operate efficiently and guar- antee our systems meet or exceed their specifications. ASDI specializes in full pull-through systems trim separators, and NFPA compliant systems with full electronic controls. AMTECH SOFTWARE www.amtechsoftware.com AIR SYSTEMS DESIGN, INC. www.airsystemsdesign.com Amtech offers the industry’s most innovative and com- prehensive corrugated and packaging ERP, integrated scheduling software, and engineered automation technol- ogy. For over 30 years, Amtech has kept our customers competitive in an ever-changing economy with customer digital storefronts and workflows, business intelligence, automated scheduling for corrugators, converting and shipping, proactive roll stock and inventory management. APEX INTERNATIONAL www.apexinternational.com World’s largest Anilox and Glue & Metering roll manufac- turer, providing the widest selection of corrugated engrav- ings and complementary services. Anilox engraving options available from our North American manufacturing facility include elongated 75°, 60°, 45°, plus Apex’s patented GTT technology. Glue rolls are produced with Hardened Stain- less Steel and a max TIR of 10 µ for Single, Double Facers.
Once Frisch and Keyser hashed out the deal as 50/50 partners, they bought a lot and built a $1.1 million, 30,000-square-foot building and branded it Wasatch Con- tainer after the Wasatch Mountains. The investment was a big risk for Frisch personally. He said his pockets were not as deep at Keyser’s, but his wife, Paula, was behind him, and together they took the leap. “I exhausted all my savings and I had to refinance my home. I actually had to refinance my home again about five years later,” Frisch said. Keep Learning Like many startups, Frisch said they purchased a lot of old, manual equipment including a two-color printer slot- ter, a paper gluer, and four-bar slitter to get up and run- ning. In 1995, they shipped their first order, but he knew there was more to learn on the way to profitability which is why he reached out to AICC. “I needed to join an organization that could help teach me the corrugated business as well as meeting those in the industry,” he said. Frisch was blown away at the first meeting he attended in Las Vegas in 1998 by how excited members were to tell him all about the box business. They shared their stories Jerry Frisch traveled to Kolbus headquarters in Germany to see the Kolbus RD 115S and its performance for himself.
ALBANY INTERNATIONAL www.albint.com
Albany International has a corrugator belt for every appli- cation. Our reputation for durable performance is the trade- mark of the most dependable belts in service today.
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June 24, 2024
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