Roxor Jeep

Made in Detroit

From Crain’s Detroit:   http://www.crainsdetroit.com/article/20180513/news/660536/mahindra-makes-giant-leap-into-detroit-area#utm_medium=email&utm_source=cdb-michmorning&utm_campaign=cdb-michmorning-20180514

Detroit and SE Michigan continue to be the center of the automotive industry. A company from India will begin manufacturing the Roxor Jeep….very similar to the two Jeep CJ-5s we owned.

Our CJ-5s were rather utilitarian….though they proved their worth during the winter months. Several blizzards didn’t stop our Jeeps and the snow plow cleared many driveways and even our street.

In a niche market segment….Mahindra North America has developed a potentially sound  business strategy.

https://www.mahindraautomotivena.com/

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Strategy

izzy+ / JSJ Corp

From: http://www.mlive.com/news/muskegon/index.ssf/2018/04/grand_haven_company_to_shut_do.html

Sometimes a business does not fit the businesses long-term strategy….as was the case with izzy+ a subsidiary of JSJ Corporation.

“While izzy+ is an important part of JSJ’s history, unfortunately, it no longer fits within our strategic plan and goals for the future,” said Tom Rizzi, JSJ’s COO, in a statement. “It’s a consumer-facing furniture company, whereas our focus is investing in portfolio companies that provide highly engineered solutions and value-added services within highly complex, business-to-business environments.”

Perhaps the izzy+ subsidiary could have been sold….or that market may have stronger competitors. However, successful businesses adapt or change….and that is the future direction of JSJ Corporation.

http://www.jsjcorp.com/

Relationships

Vital Business

Tom Peters has always been forthright in sharing his material. From his latest work “The Excellence Dividend”….a slide on business relationships.

The key….is not just cultivate relationships because it is good for business….rather cultivate a relationship that is real and genuine.

We always wanted people to give us a chance to sell them our products….but more importantly….they got to know who we were. Perhaps they were not ready to buy or we didn’t have what they wanted….but at least they got to know us….and we could begin to develop a future relationship.

Tru-Bilt Industries

New Zealand

An important business principle was to always be aware of other businesses whether they were on the other side of town or the other side of the world.

It ‘s impossible to know everything and yet is possible that someone….somewhere is doing something that is better and different.

“TRU-BILT® is a world-class designer, manufacturer and supplier of door, dock and safety systems. Based in Dunedin, New Zealand, TRU-BILT®  has been delivering innovative solutions to industry since 1993.”

Dunedin is located on the far south island of New Zealand….yet it seems that Tru-Bilt has a  presence both in NZ and Australia.

http://www.tru-bilt.co.nz/

Business Success

The Basics

From jsonline:   https://www.jsonline.com/story/money/columnists/steve-jagler/2018/04/27/jagler-what-makes-great-wisconsin-restaurant-former-president-and-ceo-wisconsin-restaurant-associati/550829002/

While the Journal-Sentinel article spoke to restaurant success….it also speaks to business success. These help make any business excellent:

  • Cleanliness (a small detail….always important)
  • Well trained staff (every great business….trains continually)
  • Accessible owners and managers (MBWA- management by walking around)
  • Quality is always job No. 1 (Product/service must be the best for the price)

Everything from the article is good common business sense….some businesses should have more of it.

 

News Roundup

April 2018

+ Where are they now from April 2013 –

+ Leadership: https://www.inc.com/marcel-schwantes/9-inspiring-quotes-from-one-of-most-anticipated-leadership-books-ever-published.html

+ Warby-Parker (eyeglasses): http://firstround.com/review/how-warby-parker-makes-every-point-in-its-employee-lifecycle-extraordinary/?_lrsc=f2d8a2d2-0ccc-4a99-b50f-e3ad4d6ff739

+ Modern marketing: Modern marketing is the practice of making something worth talking about, developing empathy for those you seek to serve and being in the market in a way that people would miss you if you were gone. – Seth Godin

+ WD-40 / 3 Key Values:  https://www.inc.com/ayse-birsel/how-wd-40-does-380-million-in-sales-a-year-by-living-these-3-key-values.html

+ Warren Buffet advice:  https://www.inc.com/marcel-schwantes/warren-buffett-once-shared-this-priceless-advice-to-keep-people-from-making-stupid-mistakes.html

+ Learning from the Midwest:   https://medium.com/@roybahat/tenacity-brewing-what-this-silicon-valley-vc-learned-on-the-rust-belt-safari-2f03df9f3aaf

+ Wells Fargo $1B settlement:   http://www.businessinsider.com/wells-fargo-settlement-for-loan-abuses-2018-4

View story at Medium.com

View story at Medium.com

View story at Medium.com

Milling Machine

Wells-Index

From mlive:   http://www.mlive.com/news/muskegon/index.ssf/2018/04/vigorous_growth_spurs_manufact.html

“Wells-Index is the only U.S.-based manufacturer producing manual and CNC milling machines in the country. The 80-year-old company is relocating from downtown Muskegon to a larger facility in Muskegon Heights.”

Milling machines are one of the basic metal shaping tools. “

“Milling is the machining process of using rotary cutters to remove material[1] from a workpiece by advancing (or feeding) the cutter into the workpiece at a certain direction[2]. The cutter may also be held at an angle relative to the axis of the tool.”

There are two major manufacturers of the knee type milling machine….Bridgeport and Wells-Index. Business such as Wells-Index are not large nor employ hundreds of people….however they are the foundation of the manufacturing economy.

Even more so is the Model 847 milling machine which uses primary metals to create machined parts.

These are fascinating businesses and would make excellent case studies on the past 80 years and future years.

http://www.wells-index.com/