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Tech Sprout is a small grant program designed to help technology ideas…

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Appleseed Micro-Loan Program

Small capital. Bid impact.

The appleseed Microfinance loan fund is designed to help provide small amounts of capital (from $1000-$35,000) to small business to…

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Braintree 25th Anniversary

Braintree 25th anniversary

Braintree celebrates 25 years of assisting small business.

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Braintree

Braintree provides facility and consulting services to both new to market and existing small businesses.

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MTSBDC

The MTSBDC provides small manufacturing and technology companies confidential counseling, assessments, and access to training programs to further develop profitability…

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Featured Events

Farm Market Cooperative Information Session

In response to the interest of forming a year round farm market cooperative, Braintree is hosting an informational session on cooperative development. This information session will discuss;

1) What is a cooperative?
2) Why are cooperatives established?
3) What is the legal structure of a cooperative?
4) Who may join a cooperative?
5) When is a cooperative not the best answer?
This informational session will be held at:

Date: Thursday, February 9, 2012
Time: 8:00 a.m. - 10:00 am
Location: Braintree Business Development Center

201 E 5th Street
Mansfield, OH 44902

Register here

 

Graywacke Engineering From Chicken Coops to a Nest Egg Print E-mail

December 6, 2009
Good News: From chicken coops to a nest egg
Lexington twins built future on alternative power sources
By LOU WHITMIRE
News Journal

LEXINGTON -- Graywacke Engineering co-owners Mark and Scott Huffman started their business in 1993, working in their grandmother's chicken coop in the dead of winter. "It was the coldest winter. It was only the third time The Ohio State University ever closed the campus. We were in that shop with a wood-burning fireplace," Mark Huffman said.
That's when the twin brothers, 39, started the business. Six years later they incorporated their shop. For the next 10 years, the company operated from the Braintree Incubator on Fifth Street in Mansfield.


graywacke_chicken_coop1This month, the co-owners relocated to 120 Industrial Drive, a move triggered by progress and necessity. "We were just out of space," Scott said. The 1988 Lexington High School graduates are leasing a 10,500-square-foot building that will enable them to grow. Even before Graywacke, they dabbled in business. When Scott Huffman graduated from Ohio State with a degree in business agriculture, he and his brother Mark, with a degree in finance, started their own business installing ventilation ductwork. Then they went into the lawncare business in Columbus for a couple years.

Graywacke and alternative power products has been their success story. The success didn't happen overnight, both brothers said. They had jobs while growing their company. "We started very modestly," Scott said. "Mark and I knew that this job wouldn't support both of our incomes ... We operated our business on weekends." Although they each are in tune to all facets of the company, Scott is president; Mark is vice president. About six to 10 loyal employees are working per day.

In its first year, the company sold 20 power supply units used to run portable radios for the U.S. Marine Corps. The Marines came back wanting another 100 units that same year, having realized almost a quarter million dollars in savings from the 20 units Graywacke built for them. Currently, the co-owners are working on a second generation of the original product line. It's a long way from the chicken coop. "We're growing on our terms," Scott said, adding the hours may be long, but the results are rewarding. Looking back, the local entrepreneurs said they were finishing their last quarter at Ohio State when an opportunity to bid on the small Marine Corps contract arose. The goal was to pay off their student loans. "We really winged it. We had to do it from scratch. We ended up getting awarded the contract and the only place we had to build it was my grandmother's property in Madison," Scott said. The company evolved from there. Mark said they built those initial 20 units over six months. "Today we could probably build 100 a week," he said. The small company has now found its niche serving private companies that cater to the defense industry.

The co-owners said they are happy to be back in Lexington, where they grew up. They live in Delaware with their wives and families. Mark recalled how their parents, at a young age, had them tend a one-acre garden. The boys had to do their chores (the garden) before they could go play. "We traded tomatoes for ice cream cones at the old JB's," Mark said. "He (the owner) let us make our own ice cream cones." They sold pumpkins, too. They're still selling, just a different product and to a different clientele. "We get calls at all hours," Mark said of military customers. "You have to be ready every single minute of every day. You can get a phone call at anytime, especially in this field. The Army, there's no hours if they've got replacement parts they need, or some problem in the field."


http://search.mansfieldnewsjournal.com/sp?aff=1100&skin=100&keywords=graywacke

 
 
 
 

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