Jeff Schwartz - LC industriesAny investor who thinks that Jeff is unable to accomplish, scale up and grow MRS to be a juggernaut in the military PPE industry is living in a dreamworld. They have obviously not done any DD on our current CEO.
Jeff and his crew built a $50 million facility to a $380 million manufacturing and distribution business dealing in the GOV space. LC industries deals in the military bases across the US.
Hopefully, new investors see the parallel here...the only caveat being that MRS operates in a multi billion dollar industry.
https://www.lcindustries.com/our-story/
Today, LC Industries business capabilities range from Manufacturing and Distribution to Retail and E-Commerce. Headquartered in Durham, NC, LC Industries operates two distribution centers, four e-commerce websites, six manufacturing facilities and over 35 retail stores on military bases across the United States.
Operating under the auspices of the AbilityOne program, LC Industries (an NIB-affiliate) has grown and diversified for over 75 years to become one of the largest employers of people who are blind in the United States. Through the AbilityOne program, LC Industries has maintained a longstanding, mutually-beneficial relationship with the federal government. By manufacturing over 400 products on the federal procurement list, LC Industries provides legally blind individuals with meaningful employment opportunities.
In addition, LC Industries philanthropy helps prevent future generations of blindness. LC Industries financial support of the Duke University Eye Center helps them conduct vital research to eradicate diseases and conditions such as glaucoma, cataracts and macular degeneration. At LC Industries, our underlying passion is to restore sight to people who are blind.