Warren Hayslip is president and CEO of La Vergne-based precision metal fabrication company Quality Industries.
With the company about to open a new facility in Texas, Post Managing Editor William Williams caught up with Hayslip (pictured) for a quick chat.
Quality Industries is prepping for a move to a new facility in Denton, Texas. What will the move entail?
The 86,000-square-foot expansion will increase our production capacity and expand our office space to deliver products and support services to our customers in the Denton area, the state of Texas, and throughout south central and southwestern United States.
In terms of production capabilities, we will transfer and add a variety of assembly work centers in our new Denton facility and add other metal fabrication technologies — including welding, punching and bending/forming. We expect the plant expansion to be followed by additional investments to further solidify our presence in the Texas area.
Construction is expected to be completed by late November this year, with a move-in date targeted for December. We will start out with about 40 employees, and that employment figure is projected to increase in 2016 as a result of additional capital investments, new product programs and anticipated growth in demand.
Relatedly, there have been changes at your La Vergne headquarters/facility. For example, I understand a recently purchased powder coat system cost $3.7 million. Your industry seemingly requires major capital outlays at various times. What is the QI approach to this?
QI is investing $12.5 million in capital projects and millions of dollars more in equipment and IT improvements.
QI is committed to an aggressive investment policy to strategically position our company for the future.
Modernization of equipment and related advancements in our technical capabilities are critical elements in our overall investment policy and strategy.
Any personnel updates?
Earlier this year, we named Chris Fann as senior vice president of operations and Gary Carter as vice president of information technology and enterprise transformation. Their leadership experience will be quite valuable, and they will play crucial roles in our expansion and growth efforts.
Further, in addition to our new senior leadership, we are adding talented personnel at the middle- and junior-level ranks of our company. Finally, to strengthen the corporate governance of our company, we are recruiting and adding new outside directors with substantial and diversified experience.
Your 2014 revenues were $92 million. You projected 2015 revenues of $115 million. When does your fiscal year end and what type progress are you making to hit that mark?
We operate on a calendar year basis and are confident that we will achieve our revenue objectives for this year.
What are some of the major challenges currently facing the precision metal fabrication industry?
Filling skilled production positions — such as advanced welders and machine/die/tool technicians — continue to be a challenge for the industry. As a result, vocational and technical training are critical initiatives for our industry’s long-term success.
The Fabricator's 2015 Fab 40 ranks Quality Industries among the nation’s top five metal fabricators. Your thoughts?
QI’s ranking as one of the largest custom/contract metal fabricators in the U.S. is due to the steady accumulation of leading-edge production capabilities and the employment of experienced employees over the past 40-plus years.
Today, we feel QI stands out as one of the most diverse metalworks companies in the U.S. — with stamping, punching, laser cutting, bending, roll forming, welding, painting, powder coating, and a wide variety of assembly operations — and a company with an enduring, strategic commitment to quality and operational excellence.
[Editor's note: This story has been updated to note the correct president.]
The Rotary Club of Nashville announced today it has elected Theresa Carl as president.
Carl (pictured), who will serve her term from July 1 to June 30, 2016, replaces Laquita R. Stribling, who was the first African American female president of the club. Entering its 102nd year of operations and — with 570 business, civic and government leaders — the eighth largest Rotary Club worldwide, the entity bills itself as the largest civic club in Tennessee.
In addition to Carl, president of the Governor’s Books from Birth Foundation, The Rotary Club of Nashville has named the following officers and directors (who also will serve July 1 to June 30, 2016):
VP/President-elect – Janet Miller, Colliers Inc.
Treasurer – Harry Allen, Avenue Bank
Sergeant-at-Arms – Bob Stokes, Edward Jones
Nashville Rotary Service Trust Community Investment – Joanne Pulles, HCA Foundation
Immediate Past President – Laquita Stribling, Randstad USA
In addition, the following individuals are members of the board of directors:
Tammy Boehms, NFIB
Christine Bradley, Vanderbilt University
Richard Exton, Manier & Exton
Tony Heard, InfoWorks
Todd Henry, Metro Nashville Police Dept.
Kem Hinton, Tuck-Hinton Architects
Mark McNeely, McNeely Pigott & Fox, PR
Betty Price, Price Financial Consulting
Ronald Roberts, DVL Seigenthaler, PR
Clay Stauffer, Woodmont Christian Church
Deborah Varallo, Varallo Public Relations
Evette White, Sullivan Branding
Nashville-based electronic discovery and digital forensics company DSi announced today John Berghoff will serve as eDiscovery consultant and new head of the Chicago office.
Berghoff (pictured) brings more than 15 years of experience supporting corporate legal departments with various technologies, according to a release. Recently as senior corporate solutions manager for Wilmington, Delaware-based Corporation Service Co., Berghoff managed a team to support more than 30 Fortune 500 clients.
Prior to working for CSC, he oversaw global accounts for Dayton, Ohio-based legal services provider LexisNexis.
Berghoff received his bachelor’s degree in communication from Purdue University.
“We welcome John and are certain that his deep understanding of the litigation support industry will benefit our clients,” John Burchfield, DSi president, said in the release. “Additionally, he is well-established in the Chicago community and will be instrumental in extending our presence in the area.”
Cordia Harrington of The Bun Companies and Joey Jacobs of Acadia Healthcare have been named regional EY Entrepreneurs Of The Year for 2015. The two executives were honored Wednesday night at a gala hosted by accounting firm EY at the Country Music Hall of Fame and Museum. The regional EOY program covers company builders in Alabama, Georgia, North Carolina, South Carolina and Tennessee. Read more about the event here.
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