Page 34 - Wallingford Magazine Issue 46 Winter 2024
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and Aerodyne Alloys in East Hartford. Concentration                                                                     mative throughout every Ulbrich
          on workforce development and creating a cohesive                                                                        facility ever since its inception in
          corporate culture, part of the Ulbrich Revolution, had                                                                  2005.
          also paid enormous dividends.                                                                                               Product development centered
             The retrenchment yielded a company that could                                                                        around becoming involved in even
          weather price fluctuations in the price of the metals in                                                                more exotic alloys than ever, the
          which they dealt, and that was fortunate, as 1998 was                                                                   aim being to corner the specialty
          a veritable roller coaster. In 1999, Ulbrich celebrated                                                                 metals market. Only a handful of
          its 75  year in business, but Fred Jr. didn’t have much                                                                 companies had the capability to
               th
          time to celebrate. Five divisions were unprofitable, and                                                                draw and roll such metals as niti-
          difficult decisions had to be made. Aerodyne Ulbrich                                                                    nol, an alloy used in medical appli-
          service centers in Georgia and Texas were closed,                                                                       cations. The thinking was that the
          and their work was transferred to the Indiana service                                                                   more difficult the raw material was
          center.                                                                                                                 to work with, the more likely Ulbrich
             In March of 1999, Fred Jr. underwent another             Jon Ulbrich proudly stands in 2012 with his father Chris and    would be called upon to supply it.
                                                                              late grandfather, Fred Ulbrich, Jr.
          bypass operation; and, as he had done in 1980, he   of Westminster, South Carolina, which made prod-                        Unfortunately, the decade was
          designed a new organizational structure during his   ucts that complemented Ulbrich Shaped Wire. First                  also marked with the passing of
          recovery period. Not only did this include Ulbrich   transformed into a division named Ulbrich Precision                two family members. First, Robert
          Steel’s first succession plan, but a realization that the   Flat Wire, it expanded the company’s capabilities to        Ulbrich, Chris’s brother, passed
          company had grown so large that the current model of   produce fine wire for the medical and solar industries.          in 2002. And then, in 2008, Dick
          Fred Jr. holding three positions, Chairman, President   Eventually renamed Ulbrich Specialty Wire Products, it          Ulbrich – the man who knew the
          and CEO, was unhealthy for him and the company.                                                                         inner workings of the Ulbrich Spe-
                                                              also produces steel bars for capacitor makers, music
                                                              wire for musical instruments and gold- and silver-plat-             cialty Strip Mill perhaps better than
          THE 2000S                                           ed wire for special electronic applications.                        anyone – passed away at 74. This
             Ulbrich Stainless Steel entered the new millen-      2002 saw the establishment of Ulbrich Precision                 was a tremendous loss that put
          nium with fourteen divisions in four countries, with a   Metals, Ltd., in Galway, Ireland, and Ulbrich of Asia,         a damper on an otherwise stellar
          combined workforce of 575 highly trained and com-   a sales office in Shanghai, China headed up by Bob                  decade for the company. One very
          mitted personnel. Fortunately, it also had the new or-  Yang to this day. To augment fine wire sales and capi-          positive personnel note occurred
          ganizational structure in place to manage this larger,   talize on the demand for solar technology, the com-            in 2007: Jonathan Ulbrich, Chris
          more geographically separated and product-diverse   pany purchased a wire manufacturer in Mullendorf,                   Ulbrich’s son, joined the company
          enterprise.                                         Austria, which became Ulbrich of Austria.                           full-time; a member of the fourth
             Fred Jr. had relinquished his three positions,       Not only were Ulbrich Steel’s products now on the               generation of Ulbrichs was now on
          become Chairman Emeritus, and was in charge of set-  leading edge of metals technology, but the company                 board.
          ting up an Advisory Board to guide Ulbrich’s strategic   itself was constantly investing in more technology,                The Great Recession hit the
          initiatives and succession planning. Dick Ulbrich was   including employees with the advanced computer                  economy and the company hard
          Chairman and Chief Executive Officer (aka, CEO). Chris   skills to apply to both financial management and the           in 2008. The business conditions
          Ulbrich was now President and Chief Operating Officer   machine operations. The company also made capital               were so poor that Ulbrich Steel
          (COO), a new title with responsibilities for all operating   investments in new mills, furnaces and proprietary         barely survived. But survive they
          issues within the company.                          equipment requiring such technology.                                did, in large part due to all the pre-
             The lines of authority and responsibility became     All these technical improvements led to an                      vious capital investment, acquisi-
          clearer. Each of the General Managers and sales-    emphasis on Lean Manufacturing, a philosophy of                     tions, international expansion and
          people reported through the organization to Chris. To   management that was developed in Japan aimed at                 attention to process improvement.
          accomplish this, Frank Best was promoted to Group   driving out waste and inefficiencies. It revolves around            Both the worldwide economy and
          President, Distribution Division NAFTA. Vic Artaiz, the   an intensive analysis of every single element of the          Ulbrich Stainless Steels and Special
          talented general manager with nearly two years’ expe-  manufacturing process. Ulbrich called on an engineer             Metals, Inc. recovered by the end of
          rience managing Ulbrich of UK, was promoted to Direc-  named John Peterson and, later, a consultant named               the decade.
          tor of International Sales. Jay Cei, who had previously   Bill Greider to teach the concepts. As Chris Ulbrich              The company had proven itself
          been promoted to Chief Financial Officer, remained in   described it: “Lean efforts redesigned new manufac-             to be resilient and nimble, ready to
          that position.                                      turing processes for us that were faster, more precise,             take on the challenges that it would
             2001 saw yet another acquisition, Steel Heddle                                                                       no doubt face in the years ahead.
                                                              cleaner and less complicated.” It has been transfor-
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