During a recent roundtable discussion at the Harvard Business School Association of Boston event, AOTCO's President, Matthew Smith, shared the remarkable journey of the company during the early days of the pandemic.
Despite the unpredictable and competitive landscape, AOTCO was able to achieve remarkable milestones, including increased revenue, profitability, and market share.
Mr. Smith attributed their success to establishing clear communication channels and reporting mechanisms early on, allowing the management team to strategically plan and surpass growth expectations. In addition, the team of experienced plating scientists, technical directors, and chemical engineers at AOTCO's in-house R&D division, AOTCO | Labs, played a crucial role in driving significant growth across existing and new industry verticals.
Another one of the critical elements that he highlighted was the unwavering support from the board and investors. This support has not only provided financial stability but has also elevated AOTCO's established reputation as the leading metal finishing company in New England and the tri-state area.
Building on the board's collaborative approach, AOTCO expanded their production capacity and regional facilities through a series of strategic acquisitions in Massachusetts and Connecticut, and also by building a new 50,000 square foot facility. By leveraging technical expertise, trusted customer relationships, and increasing dedicated capacity for key accounts, AOTCO has been able to expand existing contracts, increase their local service network, and lead new research and development projects to scale.
For more information about how AOTCO can support your company's product development, R&D, and other metal finishing needs, Contact AOTCO today.
