While Lapeer Industries Inc. has been in
business for nearly 35 years, it is just in
the last several years that business has
really taken off.
The company was founded by Carl
Schreiber in 1974 to build turrets for
Cadillac Gage — which it still builds today
— and eventually, Schreiber’s three sons
became involved in the business. In the last
couple of years, following buyouts and
retirements, Daniel Schreiber was the
only family member left, giving him free
rein to take the company — a precision
machining and fabrication firm that
assembles primarily for the defense and
aerospace industries — to the next level.
Today, Schreiber has majority stock ownership, and the company is known as an
industry leader in design, machining and
fabrication, and it is dedicated to providing top-quality products.
As president, Schreiber’s strategy was to
solidify his existing customer base and
build around that pedestal as he pursued
other business. But as the business grew,
sales and orders outpaced Lapeer
Industries’ building capacity. Looking at
the situation not as an obstacle but as an
opportunity, Schreiber sought out low-cost
financing to support additional buildings,
machinery and other items to meet sales
objectives and customer obligations.
In the next few years, he would like to see
the company stabilize its growth while
focusing on reinvesting in state-of-the-art
technology in manufacturing its armored
products. He also plans to engage in larger
programs, such as engineering, prototyping and tooling, and in cost-efficient manufacturing.
HOW TO REACH: Lapeer Industries Inc., www.lapeerind.com or
(810) 664-1816