Circuits Assembly - March 2008 - (Page 52)

Morey Corp. True to Its Roots Mike Buetow A third-generation, family-run EMS firm, The Morey Corp. puts the “values” into value-added services. hen first engaged, EMS companies tout their customer service, or their ability to make solder joints, or their supplychain management and logistics expertise. What they don’t bring up is their ethics. Well, most don’t, anyway. The Morey Corp. (moreycorp.com) is one EMS firm not afraid to go against the grain. The family-run firm has never caught the acquisition bug that occasionally plagues competitors. Rather, it has a deliberate, conservative approach that has proved successful through the boom and bust electronics cycles. The endless Illinois cornfields encroach Chicago from all sides. Tucked in a pristine, newly W ‘Keeping up’: Scott Morey Figure 1. Morey Corp. employs about 500 workers at its Woodridge, IL, campus. built facility in the western Chicago suburbs, Morey has reached $100 million in annual revenues by feeding off Corn Belt companies situated in a roughly 300-mile radius of its Woodridge, IL, headquarters. The 500-employee firm has a loyal Midwestern customer base, including such blue chip firms as Rockwell Collins, Caterpillar, GE, and International and Case New Holland. The company was founded in 1934 by the grandfather of its current president and chief executive, Scott Morey. Intergenerational squabbles have a way of bringing down many family-run companies. But for Scott Morey, one of three brothers involved in the company, having the family name on the door is a blessing, not a curse. Indeed, it’s a constant reminder, he says, “of the values my grandfather has, and my father imparted into us. In many ways [it] gives us the ability to do what we think we need to for the long term.” In a long interview with CIRCUITS ASSEMBLY last fall, Morey impressed upon us the importance values have in the company’s operating approach. “We all work best with companies and people with whom we share values. Who are you friends with? It’s the same with our customers.” This thread runs deep. The company’s mission statement includes, “To serve God by living honestly, with integrity and loyalty in all of our business and personal relationships,” to which Scott Morey adds, “by conducting ourselves in accordance with Biblical guidance and principles keeps us on track in terms of doing the right things for the right reasons.” circuitsassembly.com 52 Circuits Assembly MARCH 2008 http://www.moreycorp.com http://circuitsassembly.com

Table of Contents Feed for the Digital Edition of Circuits Assembly - March 2008

Circuits Assembly - March 2008 Caveat Lector Letters Industry News Market Watch Talking Heads Focus on Business On the Forefront Screen Printing What Drives the Crowd? Mastering ESD Control in Automated Handling Systems Beating the RoHS Heat Trade Secrets True to Its Roots The Road Abroad - Strategic Alliance or Greenfield Facility? Tech Tips Wave Soldering Test and Inspection Process Doctor Pb-Free Lessons Learned Getting Lean Materials World Equipment Advances Apex Product Preview Ad Index Assembly Insider Technical Abstracts

Circuits Assembly - March 2008

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.