Here on a lonely stretch of N.C. 135, about midway between Mayodan and Eden, it seems possible to peer inside the Triad’s economy, a significant piece of it anyway, and assess its vitality.
“In the past six months or so, I’ve grown cautiously optimistic,” says Peter Mitchell, his office window facing barren farmland across the road. “With each month that goes by, I sleep a little easier at night. I am not anticipating a double-dip recession. I could be wrong, but I think things are going to get better in a slow and steady way.”
Mitchell has an MBA from UNC-Chapel Hill, but he’s neither an economist nor a government analyst. Rather, he’s the owner and president of a machine-and-motor repair operation, TigerTek Industrial Services in rural Stoneville. He has 39 employees and his company had revenues last year of $3.5 million.
In a relative sense, it’s a small operation. But given what TigerTek does, Mitchell believes he has an expansive view of the regional economy, particularly as it applies to manufacturing — in which one in five workers in the Triad is employed. His view? Manufacturing is on the upswing. It has to be, otherwise he would not have seen 16 percent revenue growth last year, with a better year projected in 2011.
Read Full Motor Repair Company Holds Triad Crystal Ball Article (.pdf)
Download TigerTek Interview on National Public Radio (.mp3)
TigerTek is proud to announce that we have been selected for this prestigious award. The presentation was made at an awards ceremony in Winston-Salem. Judging was based on many stringent criteria, and companies from throughout NC were evaluated.
"This is a huge honor and a tribute to the entire TigerTek team. We have an incredibly talented technical team, and this award serves as recognition for the excellent repairs and customer service that we provide each day," said Peter Mitchell, President. You can read a copy of the entire report by clicking on the article below.
TigerTek Receives NC Small Business of the Year Award (.pdf)
Here We Grow Again!
TigerTek recently moved to a new, state of the art location to better serve our customer's repair needs. In conjunction with NC Governor Mike Easley's office, we were approved for a business expansion grant to help in our regional and national endeavors.
In a time when most businesses in the region are downsizing or closing, we are happy to boost the local economy, grow our national network and plan to add 40 new jobs over the next 3 years!
Thanks again to our customers who have made this possible and we look forward to being able to provide the BEST industrial repair capabilities for many years to come.
Servo Motor Repairs
Tiger Woods and TigerTek have one small common link, we are presently repairing several servo motors used by a major manufacturer of golf balls. These servo motors operate in an extremely moist environment. There is a lot of cooling fluid in that production area. This had caused these servo motors to fail prematurely when the moisture penetrated the motor through the shaft opening in the front endbell.
TigerTek solved this problem by repairing the servo, PLUS machining the endbell and inserting an engineered seal to keep the motor waterproof. We repaired 2 of these motors about 18 months ago to prove that this solution would work. They have now sent us several more.
TigerTek’s unique ability to provide rewinding, machining and electronic services, combined with our years of experience, test equipment and expert servo technicians is the winning combination for servo motor reliability.