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When asked about additional acquisitions, Mike Olthoff, the president and CEO, first stated: "presently, we're simply making an attempt to get our fingers around what we've. As of Aug. 29, i'm chuffed. talk to me in September."
however, he provides: "We're at all times searching. i'm speakme to a couple of organizations presently, however nothing is drawing close."
Nichols Paper additionally has a revenue workplace and warehouse in Traverse metropolis; a facility in Grand Rapids where it outlets traces of gadget the company also sells, together with ground polishers and vacuums; a warehouse in Holland; a income office in Rochester Hills; and a earnings workplace in Decatur, unwell.
Nichols was centered by a pair of brothers in a small warehouse in downtown Muskegon in 1936. the primary plant manager was Mike's father Olthoff, who, together with his partner George Cayo, bought the company within the mid-1950s. Mike's brother, Jim, bought Cayo's hobby in 1970. Mike bought out his father activity in 1974, and the two brothers have been co-CEOs except Jim retired in 1995.
Fifteen years ago, Nichols purchased a one hundred and five,000-square-foot former Penske warehouse and distribution middle, which is its chief distribution center and headquarters, simply south of Norton Shores. About 65 work there, together with packaging engineers to aid valued clientele design stronger packaging for delivery.
despite all it holds and its big banks of racks, the warehouse feels uncluttered and airy. The partitions of the adjoining workplace are lined with gigantic, colorful fashioned works of art. One piece of art is a huge edition of the company's emblem, which is break up into 4 quadrants, with points signifying career, fitness, family unit and neighborhood.
"You want all four to be in stability together with your life," mentioned Olthoff, who co-situated the Muskegon Angels in 2013. That investor neighborhood tries to assist native companies for sale discover native buyers, as a substitute of being purchased by way of out-of-state companies or private-equity establishments searching for to in the reduction of charges by trimming employment. (See connected story, page 15.)
Nichols' motto is: "not described through the items we promote, but the problems we remedy."
"The key's hiring top notch americans, americans who're greater than you're, after which permit them to do what they do smartly," talked about Nichols. "efficiency is so vital to us. Margins are so thin in this business, they're like grocery-shop margins."
Olthoff said that whereas a great deal of his enterprise is performed electronically now, he likes to hold an ancient-college consider to things. His staff mails about 1,000 hand-written notes to shoppers a yr, thanking them for his or her company.
"it be high tech, excessive touch," pointed out Olthoff. "americans purchase from americans on the end of the day, however they need a intent to buy from you. Our goal is to be one of the most fundamental organizations within the first rate Lakes area for the products we promote. there is a lot of business in the outstanding Lakes vicinity we will not have."
Dan Dunn is materials supervisor of Kentwood-primarily based North the united states fuel techniques Remanufacturing LLC, a joint venture between Daimler Truck North the usa and Bosch that employs about a hundred and forty and manufactures fuel programs and components.
Nichols has been a enterprise in view that he joined the company in 2002.
"I really savour decent provider with Nichols. i admire their breadth of products," he noted. "we have consolidated as much of our spend with them as feasible."