Paul W. Smith: Keep Michigan companies in Michigan
I came back to the headline, “Dow Chemical being courted by other States”
You can’t visit Midland without immediately being reminded how important Dow is to the city’s DNA. And of course, frankly, how Dow’s birth place is a part of the company’s DNA. I do hope the various leaders of the new Dow/Dupont company understand and respect that.
I also came back to another headline that a strong Detroit family business, Walbridge, made a move to continue the 100 year tradition of being the successful Detroit-based construction company, as John Rakolta Jr., chairman and CEO (proudly) announced his son, John Rakolta III becomes Eexecutive v.p., chief administrative officer at Walbridge. Rakolta III attended Harvard Business School, New York University and Purdue University, before joining the Michigan family business about 10 years ago.
Furthering my pride in Michigan was our quick, truly whirlwind trip this week to Luxembourg and Belgium with founder, CEO and Chairman of Plymouth-based Plastipak Holdings Inc., Bill Young. (He also has a son, William Patrick Young and other family members in his businesses, further assuring they are here to stay!)
I’ve known and worked with Bill for over 20 years, and yet had no idea what an incredibly large global business he runs from our great state. Plastipak has 47 production sites on five continents in 17 countries. We are on a mission to create a video to be featured in the second quarter of 2017 when they have their 50th anniversary celebration as a great Michigan company.
Paul W. Smith is host of “The Paul W. Smith Show” on WJR-AM (760) from 5:30-9 a.m. Monday-Friday.