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Article: OWNERS FIND BOON IN SPOONS; SHERRILL MANUFACTURING INC. MAKES PROFIT, ADDS NEW CONTRACTS.(Business)
- Article from:
- The Post-Standard (Syracuse, NY)
- Article date:
- December 28, 2008
CopyrightCOPYRIGHT 2008 All rights reserved. Reproduced with the permission of The Herald Co. by the Gale Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Charley Hannagan Staff writer
When Oneida Ltd. closed its flatware factory in 2005, the company said its Sherrill plant couldn't compete with cheaper Asian factories.
Two former Oneida Ltd. managers set out to prove their former employer wrong. Their company, Sherrill Manufacturing Inc., made a profit from day one.
Now Chief Executive Officer Gregory Owens and President Matthew Roberts plan to quadruple their flatware sales, double overall sales to $24 million and grow the work force from 135 to 255 -- all within the next two years.
Sherrill Manufacturing's plans are a bright spot in the manufacturing sector, which is taking a ...