Making Chips Podcast for Manufacturing Leaders

MC136 She Was Asked: “When Are We Going To Liquidate?” [MC Archive]


Listen Later

Hello Metalworking Nation! We are thrilled at what’s to come in the near future for the MakingChips Podcast. While Jim and Jason are busy implementing the final changes to the new MakingChips, we wanted to share with you one of our favorite episodes from the MakingChips Vault.

On this episode, we interview Stacey Bales, 2nd generation owner and President of Bales Metal Surface Solutions. Bales provides engineered coating and finishes to mold makers and OEMs.

Stacey highlights the struggles that occurred in the family business after the untimely passing of her father, who was serving as acting president of the company. Without a succession plan in place, Stacy was forced to overcome several challenges while dealing with the grief of losing her father. Stacy shares her remarkable story and the hurdles she overcame while providing some advice on what you can do in the event that a similar tragedy happens in your company.

Episode Outline:
[00:01] - IMTS 2018
[02:36] - Introducing Stacey Bales
[03:40] - Getting Respect
[05:00] - Unexpected Passing
[08:34] - Help Through the Transition
[10:25] - Biggest Hurdles
[13:13] - Transition with the Bank
[14:13] - The MFG Meeting 2018
[15:18] - Family Business Advice
[16:49] - Conclusion of Episode

Links Mentioned in this Episode:
IMTS 2018 - Register Today!
TMA Illinois
The MFG Meeting 2018
Stacey Bales | LinkedIn
Bales Metal Surface Solutions

We Want to Hear From YOU, The Metalworking Nation:
Telephone: (312) 725-0245
...more
View all episodesView all episodes
Download on the App Store

Making Chips Podcast for Manufacturing LeadersBy MakingChips LLC

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

114 ratings


More shows like Making Chips Podcast for Manufacturing Leaders

View all
Business of Machining by John Grimsmo & John Saunders

Business of Machining

218 Listeners

Swarfcast by Today's Machining World

Swarfcast

36 Listeners

Within Tolerance by Within Tolerance

Within Tolerance

104 Listeners

Manufacturing Happy Hour by Chris Luecke

Manufacturing Happy Hour

100 Listeners

Machine Shop Mastery by Paul Van Metre

Machine Shop Mastery

30 Listeners

Taps and Patience | Business and Machining Podcast by Audacity Micro

Taps and Patience | Business and Machining Podcast

6 Listeners

Manufacturing Culture Podcast by Jim Mayer

Manufacturing Culture Podcast

15 Listeners

my TRUE POSITION by Jim Carr

my TRUE POSITION

13 Listeners

Lean Built: Manufacturing Freedom by Henry Holsters and Pierson Workholding

Lean Built: Manufacturing Freedom

22 Listeners

Manufacturing Transformed: Real Shops, Real Stories by Paul Van Metre

Manufacturing Transformed: Real Shops, Real Stories

0 Listeners

The Impractical Machinists by Practical Machinist

The Impractical Machinists

34 Listeners

Making Sparks by Matthew Nix and Casey Voelker

Making Sparks

3 Listeners

Buy the Numbers by Mike Payne

Buy the Numbers

26 Listeners

Machine Shop Growth by Mike Fritz

Machine Shop Growth

11 Listeners

Chips and Tips Podcast by Tim Paul

Chips and Tips Podcast

3 Listeners