PolyLabs was recently featured in a July 2022 local business spotlight from our friends over at Lewiston Sun Journal. The following republished article, PolyLabs hits the ground running, and all photos, plus related original content accredited to Lewiston Sun Journal (LSJ) and MaineToday Media. Original LSJ publication date of July 18, 2022.
PolyLabs hits the ground running | Christopher Wheelock | Sun Journal | July 2022
PolyLabs hits the ground running
Facing permanent closure in the midst of a pandemic, a company is reborn.
LEWISTON – July 2020 was a particularly dark and stressful time for the people who worked at the former Jones & Vining plant on Webster Road.
Not only was the reality of the COVID-19 pandemic rapidly unfolding around the world, but the very future of the company locally was simultaneously unraveling. The owners wanted out and announced they would be closing the building’s doors after 41 years, citing the pandemic as the primary reason.
Purchase orders would carry the skeleton workforce of less than 25 through mid-September, with the weight falling on the shoulders of Managers Sarah Morrison and Dan Keeley to deal with customers and employees and ultimately close the plant down. Customers were in panic mode, but had nowhere to turn, especially as businesses were shutting down because of COVID-19.
“The employee base is starting to prepare for a separation, and you know some having 40-plus years of experience in the building,” Morrison said, “planning for that separation while continuing to have conversations with customers about what we can do and who can contribute and other people stepping in and saying maybe we should think about buying this.”
That’s exactly what happened. The “other people” included the Bose Corp. and other key customers who brought their influence to the table. The city’s economic and community development director, Lincoln Jeffers, helped bring together the Finance Authority of Maine and an investment group led by Portland-based Anania & Associates. All of them saw opportunity and after some discussions and negotiation, they reached an agreement with owners Jones & Vining in a deal reported as a $5.5 million acquistion.
A new company was born — Polymer Laboratories & Solutions, doing business as PolyLabs, and it meant no layoffs and no closure. Now what?
The first priority for Morrison, named chief executive officer, was to get Dan Keeley back. The former sales manager had accepted his severance and was running the ice rink at Kents Hill School. Keeley is now vice president of business development at PolyLabs.
Keeley stayed in touch with his customers, who breathed a collective sigh of relief upon hearing the news of the acquisition. “It’s not something you can just pick up and move somewhere else,” Keeley said. “It’s pretty complicated and there aren’t a whole lot of people in the country who do what we do, so it’s not like I’ll just move it to company B. We were fortunate that they all wanted to come back quickly.”
What do they do at PolyLabs?
What they do at PolyLabs is pour and produce polyurethane foam products that many wear and use on a daily basis. They make insoles and outsoles for footwear — including the black dress shoes worn by U.S. Army officers. Outsoles are the piece of hard material on the bottom of the shoe.
November and December remained hectic, especially for Morrison as they looked ahead to restarting the company anew, exchanging many phone calls and emails with clients to secure purchase orders. Then, getting pricing commitments and trying to source materials to make their products. A tall order for a fledgling company in the middle of a pandemic.
Against All Odds
The company reached another milestone in February when it was able to advertise it was hiring. But amid the scramble to source materials, Texas was slammed with a winter storm that brought record cold, ice and snow to a state unaccustomed to dealing with a sustained winter storm. Millions left without power and the petrochemical industry crippled for months.
“Everything froze in Texas, that’s when we found out we buy materials from two major companies,” recounted Keeley. “But what we didn’t know was that all the raw materials they sourced to make our stuff in Michigan was all sourced from that Louisiana, Texas area.”
In August, Hurricane Ida came ashore in Louisiana as a Category 4 storm, further affecting the supply chain and availability of the chemicals used to make polyurethane products.
Morrison explained that because PolyLabs was “born” in November 2020, it had no historical purchase data. So, it hadn’t even had time to set up contracts with suppliers.
“So, we had a big ramp-up and then we started having to regulate the schedule to the best of our ability,” she said. “Luckily we have a great team here and a very accommodating production crew that is transferable from job to job and had a willingness to say, OK here’s the material we have this week, this is what we’re running. We’ll shut this machine down and start something else up.”
Morrison said it was a painful time, but a learning experience for everyone at the plant.
Continuing to grow
Despite all the adversity and hurdles, PolyLabs is making inroads and is growing, less than two years into its existence. The company currently has 70 employees. It is in the process of hiring up to 10 more in the next few months.
“We’re in the stages now where we are utilizing equipment, looking for better utilization of equipment, expanding to additional shifts,” Morrison said. They are also looking at expanding their footprint in the next few years, into a larger building. The 88,000-square-foot facility was built for the machinery that’s there and doesn’t leave a lot of extra room.
PolyLabs is investing in its research and development, and quality control lab. It has hired two chemical engineers and a mechanical engineer to bolster the scientific bench. New robotic production machinery has been brought in to help streamline and increase production.
Other significant accomplishments include obtaining ISO 9001:2015 certification — an international standard of quality management and assurance. Plus, acquiring the production rights and IP license from polyurethane ear cushions used in military headsets from the Bose Corp.
It’s a lot of progress for a 40-year startup, as Morrison likes to call PolyLabs. But are the investors happy?
“They are happy,” she said, cracking a smile. “We are on track for our expectations for year two. We are meeting the expectations (revenue) and working through it at this point. Everybody is happy.”
“We’re just trying to approach things way smarter,” Keeley added. “Jones & Vining didn’t really care about big improvements. Now it’s like we’re trying to improve every day.”
To view the original article on the Lewiston Sun Journal website, please click here.