The Rea Report Fall 2015 | Page 10

BRIGHT CLIENT BURTON METAL FINISHING, INC. R FROM THE ASHES ... esearch shows that about 12 percent of family-owned businesses don’t survive past the second generation. However Burton Metal Finishing, Inc., a family-owned, Columbus-based metal finishing and powder coating company, not only boasts three generations of family leadership and expertise, the business has done so in spite of facing unsurmountable odds. Managing a manufacturing company in Ohio during a tough economy is hard enough, but keeping your business alive after watching your family’s life work go up in flames is almost unbearable. Still, after a three-alarm fire ravaged Burton Metal Finishing’s primary facility at 1711 Woodland Ave., Columbus, on Oct. 4, 2013, Scott, Victoria and Dan, the company’s leadership team, never wavered on the decision they made to rebuild. that he had to be pulled from the building’s second-story window. Fortunately he was able to escape unharmed; the building, however, was another story. “We knew it was going to be hard to rebuild our family’s company back to the point it was before, but this is who we are,” said Victoria Burton, co-owner and CFO. “Burtons are made of tough material. We just don’t know when to quit.” The company’s production facility was built in the 1960s, so when clean-up and rebuilding began, Victoria said she and her brothers were shocked to learn just how much had changed in the way of building codes and equipment pricing – and while their insurance picked up a large portion of the claim, the three siblings were still left to pay a $2 million tab. employed with no compromise to their hourly rate, but in doing so, we lost a lot of control of our company. And, as we were waiting to reopen, many of our customers had to start working with our competition. We took a big hit but we had faith that we were going to come back bigger and better. “We say that the Burtons built this company the first time around, but after the fire it was rebuilt by the Burtons and the employees,” she continued. “We are proud of that.” A second chance This July, three generations of Burtons, employees, community leaders, friends, family and supporters gathered to celebrate the grand reopening of Burton Metal Finishing; it was a moment the family had been looking forward to for 22 months. “We had to take it on personally,” explained Victoria. “We applied for loans, worked with some amazing people and received help keeping our employees “I will never forget the morning of the reopening,” said Victoria. “I remember wondering if anybody would remember us or if they Scott Burton, co-owner and CEO, was would even show up. But as I walked down the on HۙH