Issue link: https://nebusinessmedia.uberflip.com/i/587979
www.HartfordBusiness.com October 19, 2015 • Hartford Business Journal 31 Altek Electronics Inc. Headquarters: Torrington Industry: Electronic Contract Manufacturing Founded: 1972 as Altek Company, 2003 as Altek Electronics Inc. Founder: Stephen Altschuler Generation Currently Running Company: 1st and 2nd Full-Time Employees: 152 Part-Time Employees: 2 Family Members Currently Employed at Company: Stephen Altschuler, chairman and owner (father); Sabrina Beck, vice president and owner (daugh- ter); and David Altschuler, vice president and owner (son). Website: www.altekcompany.com/electronics Q&A What are the family values of your business? Family values of Altek begin with a cus- tomer-centric focus including responsive- ness with integrity and quality. We exist today because of our stability. Since the inception, the business operates with the simple phi- losophy that "Income must exceed Outgo!" How do you remain competitive in the market? Remaining competitive requires dedication to continuous improvement. At Altek, we have the environment of continuous improvement, which is the backbone for our continued suc- cess. Our philosophy is "If it's not broke, break it." Our employees are no strangers to change and realize that change is necessary if we are to remain competitive in today's business climate. What are your most significant accom- plishments in the past 12 months? Accomplishments include: nine employ- ees completing Six Sigma Green Belt train- ing; continued strengthening of middle man- agement into a cohesive team through onsite training; the entire Altek family, including employees, giving back to the community; and 2014 marked our best sales year. n EBP Supply Solutions Headquarters: Milford Industry: Supply Distribution Founded: 1918 Founder: Samuel and Sadye Baum (husband and wife) Generation Currently Running Company: 3rd Full-Time Employees: 262 Family Members Currently Employed at Company: Meredith Reuben, CEO (mother); Andrew Reuben, director of marketing, foodservice (son). Website: www.ebpsupply.com Q&A What are the family values of your busi- ness, and how do they help you remain competitive in the market? Our family values are integrity, respect, accountability, compassion and customer centricity, which contribute to employee lon- gevity, experience and knowledge. We offer expert thinking to our customers, and the training our staff receives is not lost in turn- over so it can be translated to service and training for our customers. What would your founder say about the state of your company today and its achievements in the last year? Our founder would be astonished we are selling so many products and services from our core offerings in 1918 of bags and paper. Sam and Sayde Baum would not believe we sell high-value, ride-on floor machines. They would really be surprised we service customers from Maine to Virginia from three facilities. What is the biggest challenge to your business in the coming year? Our biggest challenge is finding, training and inspiring high-quality entrepreneurial teammates to work in our company as we move into the fourth generation of leadership. n (Top) Gov. Dannel P. Malloy met with Altek executives to commemorate the company's 40th anniversary. (Bottom left) First lieutenant Stephen Altschuler was the company's founder. (Bottom right) Altek's new Torrington facility. (Top) EBP Supply Solutions employees stand for a photo. (Bottom left) A historic view of EBP's headquarters. (Bottom right) An EBP employee on the warehouse floor. 2015 CONNECTICUT FAMILY BUSINESS AWARDS CATEGORY: 76-199 full-time Employees 3 rd Place Winner 2015 CONNECTICUT FAMILY BUSINESS AWARDS CATEGORY: 200+ full-time Employees 3 rd Place Winner