Sometimes being good just isn’t good enough. That was part of the message delivered by panelists who related tales about the demise of their molding companies during a sometimes-emotional session Nov. 17 at the first SPI Plastics Processors Conference in Dallas.
Those presenters -- the father and son team of Joe and Todd Bennett, formerly of United Southern Industries Inc., and P.C. “Hoop” Roche, formerly of Erie Plastics Corp. -- dissected what happened to their family-owned firms. They related the bitter lessons learned in an effort to help others avoid a similar fate. A fourth panel member, GW Plastics Inc. vice president and chief operations officer Art Bennert, also related the path taken by his successful firm, which earlier this year won Plastics News’ Processor of the Year Award....