Joe Kannapell, PE

The Component Manufacturing Industry and Warren Buffett

Joe Kannapell, PE

As Warren Buffett mostly leaves the scene, his lasting impact on our industry is worth recounting in the context of The Wall Street Journal’s November 10 article, “Nine Big Takeaways From Warren Buffett’s Last Letter as CEO.” The following observations are mostly based on...

Joe Kannapell, PE

The Near Demise of Once-Great Companies

Joe Kannapell, PE

To hide mental decline is nearly impossible, unless you’re the boss and have guardians, who are usually family members. I witnessed this with Walter Moehlenpah, owner of MiTek’s predecessor, Hydro-Air Engineering, and I had to leave the company before it nearly collapsed, as did many...