History of Q3

Q3 Team then...

Q3 began with the vision and strategy of an investor: owner and CEO, Francis L. Price. His vision was to acquire manufacturing companies, predominantly in the Midwest, which were under-performing. The objective was to create complementary capabilities in metals and plastics, and to capture large-volume programs in the automotive, heavy vehicle and select industrial markets. Buyers in these markets share common expectations in quality and cost performance from their suppliers, and a commitment to increase participation with minority-owned businesses.

Mr. Price’s ideals are integrated into the Company name: Quality Products for Quality Customers, through Quality People . . . Q3.

The first acquisition was the Superior Tool & Die operations in Columbus, Ohio, in 1992. Immediately renamed, Q3 Stamped Metal, Inc., this acquisition launched the execution of Mr. Price’s strategy. An expansion of the company occurred in 1995 with the addition of a new building a few miles away from the original headquarters. This facility, now a consolidated home of Q3 Stamped Metal on the west side of Columbus, also serves as Q3’s business offices.

In 1995, the former Johnson Manufacturing Company, in Urbana, Ohio, was acquired and renamed, Q3 JMC, Inc. The acquisition included a plant that manufactures steel and aluminum air cylinders for hydraulic braking systems, a plant that produces injection-molded components for the aerospace and vehicle industries, and a subsidiary, Comdyne, that manufactured composite, filament-wound cylinders for compressed natural gas.

The Company continued to grow through additional acquisitions, including Q3 Aluminum Technologies (aluminum die casting), Q3 Ahlmand (injection molded components and zinc alloy tooling), Q3 Mansfield (stamping) and Rymac Enterprises (thermoplastic molded components for industrial and consumer applications).

The late 1990’s brought increased competition and over-capacity to the industries in which Q3 is concentrated. Many competitive and commercial factors, coupled with pre-existing financial stress common to the acquisitions, led to the demise of several of the Companies in Mr. Price’s holdings. However, Q3 Stamped Metal, Q3 JMC and Rymac Enterprises continued as active, producing members of the Q3 family.

The turn of the century brought other changes as well. An operation in Silao, Mexico was formed as an integrated supplier of technical support services to General Motors. Today, Q3 Industries de Mexico is Q3’s advance outpost to international expansion in the southern regions of North America.

The recent years have seen unprecedented growth for Q3. Strengthened management teams now guide each of the facilities through customer, program and product expansions. Working cohesively as one leadership team, Q3 boasts a broad array of manufacturing and engineering capability. Growing relationships with partners across the world mean Q3 can tackle difficult customer problems with speed, efficiency and ingenuity.

Today and into the future, Q3 is well-positioned to serve its customers, supplying the medium- and heavy-duty truck, automotive and select industrial markets as a Tier 1 and Tier 2 supplier. Delivering products of outstanding quality, and serving customers flawlessly, continue to be important elements of Q3’s go-to-market approach.