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Owner, Toth Technologies, Pennsauken, N.J.
“Now my goal is to give back, and help the small shops grow by teaching them how to work together.”
What’s been the key to making NTMA work for you?
Not long after I first joined NTMA, Joe Barakat, our local chapter president, told me I wouldn’t get anything out of my membership unless I put something in. I like challenges, so I did. In 2001, after joining my local board and serving on our workforce development team, I went to my first national conference. At the time Toth Technologies (then Toth Inc.) consisted of 12 employees working in a run-down 5,000 sq. foot building. As the third generation of my family to serve as an owner of this business, I knew we could do better.
I was so impressed with the wisdom and knowledge on display at the national conference that I haven’t missed one since. As a result of networking with others, I learned how to focus my business on becoming a niche shop and got to work crafting five- and 10-year business plans.
That has to do with our democracy, our political freedoms, that every American if they work hard, they can succeed. We still have tremendous economic freedom in this country in that regard. Hopefully we will not lose that.
How has your company changed?
Today Toth occupies a modern, 30,000 square foot plant, and employs more than 50. In 2007 we were voted one of the top 10 shops by American Machinist. So in just seven years we reformed our company into a top shop, and we couldn’t have done that without the support of our NTMA membership. So yes, I put in some effort, but I got back far more. Now my goal is to give back, and help the small shops grow by teaching them how to work together. The same results are available to all with only a little investment.