Diversify or die is a blunt but appropriate business philosophy for Bob Mormile Jr. As president of The VT Group, Yeadon, Pa., he operates his flexographic plate-making operation knowing that he must avail himself of new technology. If he doesn't continue to offer services that his competitors can't match, he won't be able to provide jobs for his many veteran employees — jobs that at some point in his career he has done himself.
Starting from plain shipping cartons in 1926, to highly customized graphic packaging solutions today, Carton Service Inc. is a folding carton converter that is dedicated to serving the image-sensitive and quality-oriented marketplaces through customization and creative package design.
Go where the growth is. It's a straight-forward maxim in the business world. But not all companies are willing to commit their financial resources to move quickly enough to take advantage of burgeoning growth opportunities.
Ten years ago, Kyle Eldred, president of Frankston Packaging Co., an independent folding carton converter in Frankston, Texas, was working for Koch Industries, the largest privately owned company in the world. While completing an oil and gas industry project for Koch in Caracas, Venezuela, he met Norm Bullock, a fellow employee and today Frankston's vice president.