Alan Ensign, vice president and general manager of Wyandotte, Mich.–based Cadon Plating & Coatings, is no stranger to trying times. When the company abandoned the commodity-driven rack plating business years ago, revenues took a 30% hit. Then in in 1994, government regs forced its exodus from the cadmium plating market and, much later, the olive-drab business. As a result of that move, 25% of sales vaporized—just like that. If those setbacks weren’t enough, the company lost once-steady business when the U-bolt suppliers for several major auto suppliers installed their own paint lines, essentially cutting out Cadon completely.
15 May, 2007