Premier Rubber Company - Farmingdale SBDC - New York SBDC Success Stories

SBDC Success Story

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Gail and Gene Walker of Premier Rubber Company

Gail and Gene Walker of Premier Rubber Company

Gail and Gene Walker
Premier Rubber Company
Farmingdale SBDC

Incorporated in 1996, Premier Rubber Company, Inc. (PRC) is the largest and most recognized supplier in the recycled rubber industry throughout the United States and Canada. The company, which has national contracts with Bridgestone, North America and Goodyear, recycles over 53 million pounds of material a year. Gail Walker is the CEO and her husband Gene is the Vice President of Operations. Together the Walkers expanded PRC to design and install their own proprietary custom material recovery systems that process recycled rubber collected from 93 retread plants in 38 states. In 2012, they consulted the SBDC for help in purchasing a new building and completing an IDA application. With the help of SBDC, the Walkers were approved to participate in an IDA Pilot program that enabled them to move into a new 18,000 square foot building in Farmingdale and expand their staff from six to fifteen. They recently hired a US Army Reservist to oversee logistical operations and plan to hire additional veterans. A new contract with the Goodyear Corp. enabled PRC to expand its fleet of 130 semi-trailers to 185. As a result, PRC expanded its manufacturing and processing plant in the new facility, producing playground surfaces for children, rubber speed bumps, rubber mulch and bonded mulch for design. The company sales have grown each year, from roughly $500,000 to a projected $5,400,000 for 2014. The Walkers continue to work with the SBDC on procurement, WBE certification, and further expansion opportunities. “Doing business in an environmental and community friendly way can be very successful, especially when you add the SBDC to your team, ” says Gail.

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State University of New York City University of New YorkASBDC Accredited Member Pace University Columbia Business School

SBAPartnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis. Language assistance services are available for limited English proficient individuals. Special arrangements for persons with disabilities can be made by calling the SBDC at least two weeks in advance.