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Founders

Company

Chrysan Industries, Inc.

14707 Keel Steet
Plymouth, Michigan 48170

Suk-Kyu Koh

Who was your first customer and where did you find them?
Chrysan's first customer was Arrow Metal Products in Detroit.
They were a small stamping company who supplied parts to the automotive industry.
 
Where did you find your first employee?
Our 1st employees were family members.  My parents started the company. My brothers and I worked for Chrysan on the weekends and during the summer when we were growing up.  I drove a Hi-Lo when I was 10 years old, blended various products, and drove the company truck when I was old enough.  My Dad taught us how to cut and thread pipe and install equipment.

Where have you turned to find capital to grow your company and which institutions have provided it?
When my parents first started the company, they used personal savings and a loan from Manufacturers Bank at that time.
When Chrysan moved to Plymouth, MI. They obtained an SBA loan through Bank One and also through Dearborn Capital, a subsidiary of Ford Motor Company.  We now work with Charter One Bank. Charter One has supported our international growth and continue to be a great partner.

What are some of the advantages to doing business here?
While Michigan has lost a fair portion of its automotive manufacturing base, Detroit is still the Automotive Engineering Capital of the World.
General Motors, Ford, and Chrysler Headquarters are here.  General Motors, Ford, Chrysler, Toyota, Hyundai, ChangAn Technical Centers are here.  And many Tier 1 Suppliers Technical & sales offices are here.

In addition, the engineering talent is in Michigan, along with close cooperation with academic institutions like University of Michigan, Michigan State University, and Wayne State University

If you could change one thing about this region, what would it be?
If I could change one thing about the region, I would change the perception of Michigan.  Change the perception from Automotive Manufacturing to High Tech & Alternative Energy Automotive Engineering.
Change the perception from an old, crime ridden city of Detroit to the Great Lakes State of Michigan, or from racially divisive to a diverse welcoming community.


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