Smart Business Magazine, October 2017

30 Smart Business Akron Canton October 2017 CASCADE CAPITAL CORPORATION 2017BUSINESSGROWTHAWARDS SERVICE EMERGING HIGHEST SALES GROWTH Barrington Carpet Flooring Design www barringtonflooring com B arrington Carpet Flooring Design was founded in 1998 to provide all the flooring for a large scattered site builder in Ohio and Western Pennsylvania All of its revenue was derived from builder and retail flooring sales and installations From 2007 through the rest of the decade the country experienced the biggest new home construction slowdown it had ever seen Barringtons builder based business was hit especially hard losing several of its key homebuilders to this nationwide crisis Thats when Barrington decided to diversify The company formed a property management and commercial flooring division two categories of business that would spearhead its growth Today the property management division accounts for more than 20 percent of Barringtons sales and the commercial business which now represents 18 percent of its overall business is considered its biggest opportunity for future growth Diversification has been the key to Barringtons success and is the primary driving force behind its double digit year over year top line revenue growth since 2009 Under President Craig Phillips the companys sales revenue has increased 106 percent since 2012 while Barrington has grown its employee count from 10 to 21 The increased commercial and property management business in the Cleveland area led the company to open a small office with a warehouse in Valley View Barrington serves Ohio Western Pennsylvania Eastern Indiana Southern Michigan and West Virginia New lines of business Diversification leads to growth after crisis at Barrington Carpet Flooring Design P eoples Services Inc led by President and CEO Douglas J Sibila has grown in recent years in part by securing a slew of acquisitions In 2013 it acquired Central Warehouse Operations with locations in Vandalia Ohio and Saginaw and Midland Michigan expanding its reach to a sixth state The additional 650000 square feet increased its capacity to over 5 million square feet of warehousing across 20 facilities In 2015 it acquired the assets of Style Crest Logistics with over 1 million square feet of storage space in the Fremont Ohio area Its seven locations enhanced Peoples Services regional footprint in the Midwest It is expected to help improve its service levels to many customers and opens new areas in food grade storage an industry projected for future growth In 2016 Peoples Services upgraded its tolling operations in Parkersburg West Virginia to include two additional packaging lines It added an additional mill and upgraded the packaging equipment for improved production on the lines and increased capacity to customers The company also installed a back up generator to support operations in the event of a power outage With these new tolling updates and equipment Peoples Services anticipates a capacity increase of 50 percent In the past five years the company which celebrated 100 years in business in 2014 has experienced a sales revenue increase of 53 percent and added 120 employees Acquiring growth Peoples Services celebrates sales success as it expands its reach SERVICE ESTABLISHED HIGHEST SALES GROWTH Peoples Services Inc www peoplesservices com