NORTH MANKATO — Editor's note: This story appears in the December issue of MN Valley Business magazine.
Since resuming his role at the helm of Taylor Corp. two years ago, Glen Taylor has revitalized a far-flung corporation that is one of the largest privately held companies in the nation.
He’s building a new leadership team that has turned the company around in sales and profits and, he believes, will be able to lead Taylor Corp. as he eases out of day-to-day operations with the eventual plan to have the company operated largely by foundations that can use profits for charitable endeavors.
But for now, the 71-year-old who initially planned to return as CEO for one year, is clearly relishing the art of the deal and doing what he spent most of his career doing — finding new customers, out-maneuvering the competition, and looking for new ventures, even in a down economy.
“We’re not relying on the economy picking up. We’re focusing on new products and new customers,” said Taylor during an interview in his office at the upper North Mankato corporate headquarters — an office where virtually every flat surface is piled with paperwork.
“We’ll make it tough on some of our competitors. As a private company we can move fast. And we have money in the bank.”
Still a printer — sort of
Through most of its history, Taylor Corp. was easy to categorize as a printer. Large presses turning out wedding invitations, business cards, greeting cards and letterhead provided the foundation of the company.
“We’re still a printer, but we’re so much more diverse with technology,” Taylor said.
“When we make a sales call, we don’t lead with printing.”
Instead Taylor Corp. offers a variety of technology that allows companies to track everything they do, track all their products, track sales calls, find ways to be more efficient.