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Founders

Company

Acromag

30765 S Wixom Road
PO Box 437
Wixom, MI 48393

David Wolfe

What educational, entrepreneurial or business development programs, if any, have you taken advantage of?
Many Acromag employees have taken advantage of advanced education classes at Wayne State University, University of Michigan (Ann Arbor and Dearborn) University of Phoenix, Oakland Community College, and other campuses. There are also many great programs put on by Ann Arbor SPARK and local chapters of the American Marketing Association, American Society of Employers (ASE), Institute of Electrical and Electronics Engineers (IEEE), and other national organizations. We are also involved with Vistage Michigan and the Measurement, Control & Automation Association.

Have you promoted an intern to employee status, and if so how many times have you done it?
Acromag is a strong supporter of co-op programs with local universities. Over the years, many engineers that started as co-ops were later hired full-time. Currently, there are five former interns on staff.

Where have you turned to find capital to grow your company and which institutions have provided it?
Prior conservative growth management permits the supply of current capital funding through an available line of credit with a bank or with internal cash reserves.

If you could change one thing about this region, what would it be?
We really need to diversify our regional economy in a way that takes advantage of the technological and manufacturing resources the automotive industry helped develop. Acromag is a high-tech manufacturer that supplies many industries around the globe, with negligible sales to the auto industry. We are very successful in supplying the defense, aerospace, chemical, power generation, food, and environmental industries by tapping into the engineering and production support network that was originally built to service the auto industry.

What advice would you give to someone who was thinking about opening a business here?
Don't wait. There is a lot of great talent that was laid off during the recession and still available. Many people are also currently under employed or temporarily working in positions that don't take advantage of their potential. These people are ready for a new challenge with a progressive employer.

What do you see in Metro Detroit that other people who live outside the area don't?
People outside are familiar with the images of urban decay in the city, but they don't see that Metro Detroit has a vibrant community that spans across several counties. These communities offer a wealth of resources such as easy access to leading research universities, modern office centers and technology parks, world-class entertainment, and rich natural resources.

What is one thing Michigan does better or has going for it that other more successful regional economies don't?
A diverse technology infrastructure. The auto industry relies on so many different technologies and the expertise in these areas is concentrated in the Metro Detroit area. Building a car requires metallurgical, electrical, mechanical, computer, communication, aerodynamics, machining, and other technologies. Plus, there are all the business services such as financial, IT, marketing, design, logistics, transportation, and others that are required to run the Big Three. Now there is a lot of excess capacity that could support the development of green energy, medical instruments, environmental, aerospace, entertainment, and many other technology products.



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