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Headquarters: Merriam, KS
2014 Revenues: $160.4
Change in Sales from 2013: 9.9%
Key Executives: Stephen R. Cloud, chairman of the board; Greg Drown, treasurer & CFO; Rex Davis, vice president of supply chain; Jeff Cloud, regional manager
IBT Industrial Solutions continues to see strength in automotive, aerospace and manufacturing. The challenge is that some of this opportunity has been offset by weakness in several other end markets: oil & gas, construction, aggregate and manufacturing for export.
The company is looking to target the more stable food manufacturing market, as well as grain and belting in 2015. IBT's philosophy on the year, according to its MDM Market Leaders nomination form: "Avoid any slow down and get to the prediction of better economics in 2016 and 2017."
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