Joe Kannapell

What Can We Learn from the Demise of House of Design?

Joe Kannapell

House of Design, which ignited the component industry enthusiasm for robotics, has tragically gone out of business, but not all is lost. We have learned that robots can pick plates very effectively among other benefits, but we also learned that fact 15 years ago from Jim Urmson’s TCT...

Joe Kannapell

Two Transformative Laborers in the Component Industry

Joe Kannapell

On Labor Day this year, I reflected on two component industry greats who escaped the drudgery of mill work that entrapped their fathers and created highly successful component businesses. Both were drawn to the nearest meccas of prosperity, Calvin Hall to Charlotte, North Carolina and David...

Joe Kannapell

A Rural Tract Builder for the Ages

Joe Kannapell

No one has put more people of modest means into their own homes than Mr. D.R. Horton, who passed away in May. Founding the D.R. Horton company in 1978, Mr. Horton began serving this market in the 1980s in Texas, when mortgage rates were 12%, and the company continues today in Virginia with 7%...

Joe Kannapell

He Bought the Plant to Save 10 Jobs – Now There are 150 Jobs and 4 Plants

Joe Kannapell

The tiny town of Sparta, North Carolina, turned out to honor Clint Bedsaul when he passed away in early 2021. Many among the crowd had been touched by the jobs he brought to their struggling remote community, but few knew the improbable details. And how Clint Bedsaul, the owner of a trucking...

Joe Kannapell

Two Tales: Survival or Not in the Component Business

Joe Kannapell

One gentleman owned the best plant in a fast-growing town. The other worked for the best supplier in a fast-growing role. Both had what seemed to be unassailable credentials and both adapted well to changing market conditions. But only one would survive. Their tales tell a lot about survival in...

Joe Kannapell

When the Small Builder Passed the Biggest

Joe Kannapell

The story of how Jim Price, selling homes one-at-a-time, passed William Levitt, who sold one thousand in two days, contains a lesson for today. Although Price is not a name known to many while Levitt’s will be forever associated with his Levittowns, both pioneered production lines that...