Wiring Harness News WHN Sept-Oct 2020 WHN Sep-Oct 2020 - Page 36

36 SEPTEMBER/OCTOBER 2020 Wiring Harness News INDUSTRIAL INFO-TAINMENT Fischer-Backus and the business grew slowly but steadily for about six years. Tony then began to seek growth through acquisition. In 2013, he found a small harness company in Reno Nevada called CST that was on the verge of bankruptcy. They did have two or three solid legacy customers so Tony purchased the company, and moved production to the Ohio facility. The following year, Tony was approached by one of his local competitors who was looking to sell his business. “He was a friend of mine, and decided he was ready to retire. We talked over the years, and I had always told him when he was ready to retire to let me know, and that I might be interested in buying it,” Tony informed. Since they were both in the Columbus area, it worked out well. “We basically just shut his plant down and everybody moved over to my facility where we were able to consolidate things and service all of his customers.” Having built a solid platform, Tony returned to growing the business organically for the next few years. All the while, he kept his eyes open Continued from page 29 ____________ for a business in a warmer climate, specifically Florida. “I wanted to have something for when the kids were eventually gone, and thought if I had a business down there, it would make things convenient,” he explained. Rejecting several opportunities, he settled on Paradise Cable located in Venice, Florida in early 2019. A few months later, he purchased Paramount Electronics Manufacturing in Pompano Beach, Florida. Tony’s recent efforts have been defining the company as two separate corporations: the Ohio operation and the Florida operation. “We’ve spent a lot of time transitioning these past months, but that has started to settle down now.” Ohio Operation The Ohio operation works under the name Fischer-Backus. There are 15 full-time employees with one part-time, and they specialize in cable assemblies and wire harnesses. They supply harness for military, medical, industrial and specialty commercial applications. Some specific applications are for power generation/distribution, oil refineries, and airport lighting systems. “Some orders are for one piece and others are for up to 500 per week and they can be a single wire or up to hundreds to make up a harness,” he described. Products range in size from 1.0-gauge battery cables all the way up to 32-gauge wires that they solder on to PCBs. Some larger harnesses might span three 4x8 ft. formboards. “When you’re in the low-volume, high-mix arena, you have to have that wide range because you never know what is going to come your way.” Florida Operation The Florida locations operate under Paradise Cable Incorporated (PCI West for the Venice facility and PCI East for the Pompano facility). The Venice facility has 10 full-time employees and one part time. Among their customers are OEMs Continued on page 38