On this episode we interview Stacey Bales, 2nd generation owner and President of Bales Metal Surface Solutions. Bales provides engineered coating and finishes to mold makers and OEMs.
Stacey highlights the struggles that occurred in the family business after the untimely passing of her father, who was serving as acting president of the company. Without a succession plan in place, Stacy was forced to overcome several challenges while dealing with the grief of losing her father. Stacy shares her remarkable story and the hurdles she overcame while providing some advice on what you can do in the event that a similar tragedy happens in your company.
[00:01] – IMTS 2018
[02:36] – Introducing Stacey Bales
[03:40] – Getting Respect
[05:00] – Unexpected Passing
[08:34] – Help Through the Transition
[10:25] – Biggest Hurdles
[13:13] – Transition with the Bank
[14:13] – The MFG Meeting 2018
[15:18] – Family Business Advice
[16:49] – Conclusion of Episode
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