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Marlin Steel Wire Products LLC

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Marlin Steel Wire Products LLC
File:Marlin logo.jpg
American private company
ISIN🆔
Founded 📆1968
Founder 👔
Headquarters 🏙️Baltimore, Maryland, United States
Area served 🗺️
Key people
Drew Greenblatt, president
Products 📟 Wire baskets, wire hooks, and custom wireforms
Members
Number of employees
28
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

Marlin Steel Wire Products LLC ("Marlin") is a USA-based (and owned) wire form manufacturer which produces baskets, racks, grates, wireforms and other wire products for industrial material handling. Clients of Marlin Wire include Toyota, Roche, Alcoa and Beretta [1] and the aerospace, food, fashion and biotech industries. [2]

History[edit]

In 1998, Drew Greenblatt took money he made from selling a small home security business and sought a company he thought had the potential for more growth. He found a 30-year-old Brooklyn, N.Y. company that made wire baskets and racks for retailers and the food service business and bought it for $285,000 in cash. [3]

Greenblatt moved the business to Baltimore, Maryland where he lived, hoping to capitalize on lower costs, lower taxes and greater efficiencies through modernization. In 2000, large retailers, such as Target, started importing inexpensive wire products from China, undercutting Marlin's business. [4]

Wire-shaping robot at Marlin

Greenblatt reorganized the company's business model to focus on custom-made, high-quality, short turnaround wire products for other manufacturers. In 2002, such jobs made up less than 1 percent of Marlin sales. By 2007, they made up more than two-thirds of Marlin's business, and the average wage for a Marlin employee had more than doubled.[3] Robotics played a significant role in Marlin's growth. As the company shifted from retails to clients in industries such as aviation, defense and biotechnology, the tolerances and dimensions of its baskets had to become ever more exacting to protect parts and to meld with precise manufacturing processes.[5]

In 2010–2011, after 40 years of concentrating solely on steel wire products, Marlin Steel added sheet metal capability with a sheet metal CNC punch, press brake and laser.[6]

In 2012, Marlin Steel was ranked as the 4112th fastest growing private company in the U.S. on the Inc. 5000 list. That same list also ranked it as the 162nd fastest growing private manufacturing company in the U.S.[7]

In 2011 and 2012, Marlin Steel was listed among the 100 fastest growing companies based in an American city by the Cambridge, Massachusetts-based Initiative for a Competitive Inner City.[8] It operates in an Enterprise Zone designed to bring jobs to South Baltimore near Cherry Hill.

In 2013, Marlin Steel was named the top medium-sized "Technology Implementer" in the 2013 VOLTAGE awards for Greater Baltimore by SmartCEO magazine.[9]

References[edit]

  1. "A special report on health care and technology", The Economist, April 16, 2009
  2. "Change Brings Success to Marlin Wire" (PDF), Home News (Summer 2008)
  3. 3.0 3.1 "Not Made in China: A Baltimore Manufacturer Triumphs Over His Global Competition", Washington Post Magazine, August 19, 2007
  4. "The Road to Resilience: How Unscientific Innovations Saved Marlin Steel", Fast Company, July–August 2013
  5. "The Road to Resilience: How Unscientific Innovations Saved Marlin Steel," Fast Company, July–August 2013
  6. Inc.com 5000 list
  7. Initiative for Competitive Inner City "Inner City 100"
  8. "Baltimore SmartCEO Announces the 2013 VOLTAGE Award Winners," press release, Baltimore SmartCEO

External links[edit]


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