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Stephen Pomeroy, President of Schatz Bearing Corporation
Manage episode 419071973 series 2611383
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In this podcast episode, Harold King, President of the Council of Industry, sits down with Stephen Pomeroy, President of Schatz Bearing Corporation.
Stephen delves into the world of ball bearings and their crucial role in various industries. From aerospace to defense, semiconductor equipment, and medical applications, Schatz Bearing Corporation has been a key player in providing high-precision bearings for diverse needs. Stephen takes us through the history of Schatz Bearing Corporation, tracing its origins from the early 1900s and its evolution through the automotive boom, World War II, and the challenges faced in the 1970s and the company going through various owners. In the dynamic landscape of global manufacturing, Stephen discusses the impact of offshore competition, particularly from China, and the strategic decisions made to secure a position in safety-sensitive and highly regulated industries. He also touches on the concept of reshoring, as companies reconsider their dependence on certain countries and assess global security and stability scenarios. Stephen reflects on the significance of skilled personnel and the company's intentional overstaffing to seize opportunities as larger competitors face extended lead times. The conversation also explores the broader issue of workforce challenges in the industry, including skill shortages and the impact of pandemic-related disruptions. Join us in this insightful conversation that unveils the intricate world of ball bearings, the resilience of Schatz Bearing Corporation, and the evolving dynamics of the global manufacturing landscape.
For more information about Schatz Bearing Corporation, check out their website at schatzbearing.com or their LinkedIn page at www.linkedin.com/company/schatz-bearing-corporation.
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The Council of Industry has been the manufacturer’s association of the Hudson Valley since 1910. We are a privately funded not-for-profit organization, whose mission is to promote the success of our member firms and their employees, and through them contribute to the success of the Hudson Valley Community. For more information about the Council of Industry visit our website at councilofindustry.org.
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