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Exerpted from:
View Brighter for Industry
West Side Firms Plan for Growth
By David Prizinsky

The city’s small manufacturers are upbeat about near-term spending and hiring plans, according to a survey 100 neighborhood manufacturers by the non-profit Westside Industrial Retention and Expansion Network.
“I was surprised by the large number of companies that said they were adding jobs and by the 70% who said they will be making capital investments,” said WIRE-Net director John CoIm.

According to the WIRE-Net survey, which was conducted in July and completed last week, 61% of the respondents said they would add an average of at least three jobs before the end of the year.

“This is almost a 5% expansion in the average work force size for responding companies,” Mr. CoIm said. In addition, 71% told Mr. Coim they had capital spending projects on the drawing boards; their planned investments total $8 million. About 40 member companies of WIRE-Net answered the questionnaire, Mr. CoIm said.

A rebounding auto industry and an aggressive cost-cutting strategy were cited by two of the WIRE-Net members as responsible for their good fortune this year.

“We figure out a way to do something at less cost,” said Steve Peplin, president of Talan Products Inc., a 6-year-old metal-stamping company at 1985 W. 68th St. “We're lean; we’re efficient, and we work for slim profit margins.

Mr. Peplin said Talan started the year with 10 employees and now has 17.

“We are looking at a record year, with sales up 35% to 40% from last year,’ he said.

From Crain's Cleveland Business - October 1992


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Talan Products is a full service manufacturer that provides precision metal stampings, tube bending, aluminum extrusions and sheet metal fabrication for customers in the construction, consumer appliance and automotive industries. For more information on our service, please contact us.