The Founders of LAMATEK
LAMATEK was founded in October of 1983 by friends Kyle Larsson and Bob Carlson, who were experienced in manufacturing and finance but found themselves underemployed and unchallenged by their current situation. Starting out in an 1800 sq. ft. garage located in Kresson, NJ, Bob’s expertise was in the design and fabrication of converting equipment. Kyle ran the business side, performing all sales and administration functions. Early on, banks were not very generous to the fledgling business and their first major loan was granted by Kyle’s father, Karl Larsson, to purchase additional processing equipment. In 1986, LAMATEK moved to a 3000 sq.ft. building in Cinnaminson, NJ.
Business was slow and the founders even considered shutting its doors due to a lack of revenue. In 1988, Kyle and Bob tried a new sales approach to stir up new business and began hiring independent sales reps to offer their products to the fenestration industry.
By early 1991, sales were increasing and things were looking up, until a tragedy occurred and LAMATEK’s founder, Kyle Larsson, was killed in an automobile accident. The small but effective LAMATEK family pulled together and formed a plan to continue building on the framework that had been laid by the late president.
Bob Carlson then became President & CEO of LAMATEK. Throughout the 1990’s, LAMATEK continued to grow at a rate of 25% per year, and moved to its Edgewater Park facility in 1995. This new site was a 12,600 sq. ft. facility and was able to accommodate the inventory needs and increasing staff of the growing business. It was soon discovered that at its current growth rate, LAMATEK would need to continue leasing the old warehouse in Cinnaminson. In 1995, LAMATEK debuted its website at http://www.lamatek.com and became one of the first companies of its kind to have a presence on the Internet with a multi-layered web page.
Fast forward to the 21st century, and we see LAMATEK has doubled its sales since 2000 and continues to have fun producing and selling tape and gaskets by using an assertive marketing strategy, the strategic expansion of our capabilities and capacity, and turning our sales prospects into loyal customers who continue to be our best source of new business by referring their industry friends to LAMATEK. In March 2005, LAMATEK moved again to its current location in West Deptford, NJ and employs over fifty personnel. The new facility allows LAMATEK to place all its materials and manufacturing operations under one roof, shortening lead times and reducing costs.