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Making it in Windsor
by Dave Hall,
The Windsor Star, Oct 6, 2006
New Book
Clare Winterbottom, former owner of Anchor Lamina, has turned
his impressive collection of photographs and stories into
a book titled Made in Windsor. Co-author Chris Edwards is
shown at left. |
Over almost a quarter century, a small Windsor company came to
dominate the world's die set industry, largely under the leadership
of one man.
By the time Clare Winterbottom was ready to recommend the sale
of Anchor Lamina in 1997, the business had grown from nine employees
to almost 1,000 and was worth $250 million.
Winterbottom stayed as president and CEO for three years, but it
was under his vision and leadership the company made huge progress,
beginning in 1975.
On Tuesday, Winterbottom and his wife Anne will host a book launch
at the Art Gallery of Windsor for a group of friends, former employees
and shareholders, beginning at 7 p.m.
Co-written with Chris Edwards, owner of Walkerville Publishing,
"Made in Windsor -- The Anchor Lamina Way" is not only
a tribute to the hundreds of workers who helped the Windsor company
dominate the global die set business but also a tale about Winterbottom's
vision, cour-age and entrepreneurial spirit.
Winterbottom said: "The book isn't an MBA text and it's not
an autobiography. It's an illustration of how people who work together
can achieve remarkable things. At Anchor Lamina, we proved it."
Started as a Scrapbook
Winterbottom said the book started as a scrapbook with a copy to
be given to each employee at an Anchor bash over a year ago.
"Someone suggested we turn it into a real book and a year
later, here it is," said Winterbottom.
After graduating from Queen's University with a degree in accounting,
Winterbottom joined Wheatley Manufacturing in 1961 as controller
and quickly became vice-president.
By 1975, Winterbottom and some former Wheatley employees bought
Mississauga's Anchor Machine and Manufacturing Company, which had
nine employees and sales of $400,000.
Over the next 15 years, sales increased to almost $50 million amid
expansions and acquisitions.
"Throughout the 1980s when Chrysler was in trouble and we
suffered through a recession, we were always confident that not
only would we survive but the industry would also survive,"
said Winterbottom.
"We added new equipment, re-tooled our plants, and we not
only survived, we prospered."
By 1991, the company was growing and preparing to buy new equipment.
What followed next was a stroke of pure genius.
Winterbottom recommended that instead of buying one new grinder
for $575,000 from Blanchard Manufacturing, the only company which
made them, Anchor should buy five at a discounted price of $525,000
each.
"By ordering five, we had one each for our plants in Windsor
and Mississauga, one each for plants we planned in Cambridge and
Grand Rapids and one extra," said Winterbottom. "But more
importantly, we tied up the manufacturer's production capabilities
and prevented our competitors from buying any for three to five
years.
To sweeten the pot, Winterbottom also handed over a $1-million
bonus cheque to Blanchard.
Winterbottom said "the deal was not only important for our
company's growth but it told our competitors we meant business and
we were deadly serious about dominating the marketplace."
Winterbottom paid Big 3 wages, offered a stock purchase plan and
profit-sharing which returned 10 per cent of profits yearly to employees.
It had sales of $190 million by the time it was sold to Harrowston
Inc.
It was so successful that when the company was sold, 12 employees
became millionaires.
Two years ago, the company merged with Danly IEM of Chicago, solidifying
its position as the largest die set company in the world.
Now semi-retired and running Winclare Management, a consulting firm,
Winterbottom and his wife Anne remain two of Windsor's largest supporters
and benefactors.
Quiet contributors to numerous charities and organizations and
members of a variety of boards, both believe "if one has had
the good fortune to live and work in a wonderful city such as Windsor,
it is important to give back to the community."
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