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Collingwood Resident Purchases Barber Glass Plant |
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Good News Story Developed Quickly |
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The action group was initially very discouraged when the receiver appointed Danbury Services to auction off the plant. Shortly after that announcement in February a partner in the auction, GMR Belgium came to Collingwood. The owner Johan Coenen was retained for his world recognized expertise in the glass business. Fortunately he recognized that the plant was worth more if it was kept intact and he set out to try to attract a buyer for the entire package. Mr. Coenen described the plant as a ‘pearl’ and stated that a bankruptcy of this calibre only comes along once in a lifetime. The plant is capable of producing tempered, laminated and insulated glass to a maximum size of 130in.x240in. There is no other plant in North America that can match this jumbo glass capacity. Only two plants come close, one is located in the US and another in Mexico. All architects who design iconic buildings will want to use this product. The comments by the expert for the sellers encouraged the action team to work as hard as possible to find investors willing to take the risk of buying the plant. Over a period of 2 months Mel Walker used his extensive network of contacts to find prospects. Johan Coenen made many contacts through his glass industry data base. Several times it appeared that an agreement was close, only to see hopes dashed at the last minute by some complication. Along the way there was huge and constant pressure from Danbury Services who wanted to see a sale completed as fast as possible. |
"It was important to me to keep the business here because I grew up in Collingwood" -- Richard Wilson |
Appearing on Georgian Bay Today on 97.7 The Beach, Richard Wilson said that it was important to him to keep the business in Collingwood. “It’s important to me because I grew up in Collingwood. My father was a Presbyterian Minister in town and I’m a Collingwood boy, and I’m happy to have a business like this in Collingwood. This is a world-class business. We’re the largest maker of this type of glass in North America.” The plant produces insulated glass units up to 10 by 20 feet in size and large structural architectural elements for large sky scrapers. Wilson, who was a customer of the former Barber Glass plant, hopes to employ up to fifty people within the first year of operation and has set his sights on seeing this number rise to one hundred and fifty employees within three years. He said some work is already lined up and he is hoping to have the plant up and running again within two months. “This was our own money that we invested into it. We’re working with the FedDev (Federal Economic Development Agency for Southern Ontario) right now to get additional financing to help us do other things with the plant, with hiring and everything else, and that’s our continuing process right now.” Wilson said that the new company has purchased the assets that they needed, and now it’s an ongoing process with the government to move forward. Richard Wilson boasts over 30 years of experience in the construction industry. He has completed major projects in Toronto, Collingwood and Waterloo. Wilson specializes in the construction of quality custom homes and extensive renovation work. He said a couple of the former Barber Glass employees were instrumental in helping him move forward with the plant purchase. “We would be nothing without them. We might be able to run the company but without the employees we can’t do anything. It’s a team from the beginning.” Wilson said Collingwood can once again boast having one of the best architectural glass companies in North America. He said the original owner had great vision but unfortunately was caught in a very tough economic time. “We’re hoping to continue on with his vision because he had great ideas.” |
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