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What
would compel a pair of barbecue sauce executives to enter the pool and
spa industry? Ask longtime business partners John Antretter
and Howard Smith. So
in November 2006, Antretter and Smith — who still co-own the Stubb’s
barbecue sauce company — purchased Pleatco. The Glen Cove, N.Y,
filtercartridge maker already had an established customer base, but
the new owners quickly found areas for development. That
philosophy included investing in an upgrade of Pleatco’s manufacturing
equipment, especially the purchase of faster, more efficient pleating
machines. The pair’s foray into the pool market is the latest
in a long line of business ventures, handled separately and together. Meanwhile, Antretter, who also is an adjunct professor of business at Fordham University in New York, started out as a banker. He soon realized that for him, building and running a company was more fulfilling than financing it. Today, he considers himself a “serial entrepreneur.” Antretter and Smith said they are fully dedicated to seeing Pleatco thrive. |
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"We are hands-on operators. [We’re] not in the business of sitting in the background or flipping,” Smith said. “We recognize that our customer really is the most important thing.” A strong bond between Smith and Antretter has further eased the transition, both agreed. In fact, they even share an office after deciding to retain previous owner Sam Miller as a consultant. “That’s been great,” Smith said. “We laugh a lot and learn a lot from each other.” “If you talk to any business owner, the hardest thing to find is a good partner,” Antretter added. “I’ve never had this kind of comfort before. I trust Howard one million percent, and I know he feels the same.” • |
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