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Bayless recognized for manufacturing

Posted: August 21, 2012 7:33 p.m.
Updated: August 21, 2012 7:33 p.m.
 

Bayless Engineering & Manufacturing tied as No. 27 in revenue for a national survey of metal forming, fabrication and welding companies. The Santa Clarita company was one of only two California manufacturers named in the nationwide ranking, and only one of three based on the West Coast.

Conducted by “The Fabricator,” a publication of the Fabricators & Manufacturers Association, the top 40 companies were ranked by revenue for 2011. The announcement follows on the heels of the company’s best sales month in its 34-year history.

“July was a record month for us and we expect to do better each month moving forward,” said Earl Bayless, founder and president of Bayless Engineering & Manufacturing.

As of March 2012, the U.S. manufacturing sector experienced growth for the 32nd month in a row, according to the Institute for Supply Management. Bayless’ ranking was based on its reported 2011 revenue of $15 million and projected 2012 revenue of $20 million, representing a 33 percent increase. That is nearly double the average increase projected by the 40 companies that collectively reported a total of $1.39 billion in revenues in 2011 and projected $1.6 billion by the close of 2012 for an overall increase of 17 percent.

“I was surprised and honored by the national recognition we received and the ranking achieved,” Bayless said. “In reviewing the list of companies named in this year’s Fab 40, I realized how impressive it is for Bayless to be in such distinguished company.”

The sheet metal fabrication and machine shop manufacturer, founded by Earl Bayless in 1978, invested in several state-of-the-art, large-scale equipment units used in the manufacture of precision sheet metal earlier this year to remain competitive and facilitate the company’s growth.

The manufacturer’s $2 million investment in equipment included a 4,000-watt fiber optic laser cell and two computer numerical control press brakes, and a large part robotic welder. The equipment automates many of the manufacturing company’s processes, leading to higher production volumes and faster turnaround times.

Another trend among the 40 companies ranked was diversifying their customer base so as not to link too closely with just one industry. Bayless currently serves the aerospace, audio, automotive, electronics, entertainment, gaming, industrial, machinery, medical, satellite, telecommunications and video markets.

The report indicated that while manufacturers have increased capacity, they have generally been slow to hire and create new jobs. Bayless, however, has added jobs in addition to technology and capacity. The company reported eight new hires just last week and the addition of a new building within the last year with another 3,000 square foot expansion project planned.

Currently running two shifts for a total of 20 hours per day production with 200 employees, Bayless reports a 25 percent increase over their 2008 pre-recession employment level and a 285 percent increase since the recession. The company said it caters to companies that require quick turnaround, design changes, and custom fabricated parts.

“We are very aggressive in seeking out contracts and we have a never-say-never attitude,” Bayless said,

The company occupies a three-industrial-building campus totaling 115,000 square feet of manufacturing space in the Valencia Industrial Center, and has 200 full-time employees. Earl Bayless also owns Powder Coating Plus and Wright Engineering.

The rankings came from a survey of 1,500 companies based on self-reported 2011 revenue. Because most of the manufacturers are privately held, The Fabricator said it couldn’t independently verify revenue but locally Bayless has been steadily growing via increased hiring, adding more shifts and acquiring a new building.

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