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Capel, Inc. Honored by Economic Impact Award from NC State University Industrial Extension Service |

Capel, Inc. was honored by the NC State University Industrial Extension Service on Monday, February 22, for its economic impact in North Carolina.
TROY, N.C. -- Capel, Inc. was recently honored by the North Carolina State University Industrial Extension Service (IES) as a recipient of the "1B4NC" award for the company's dedication to sustaining North Carolina's industry and economic growth. The award was presented in a ceremony held in Troy at Capel's headquarters on Monday, February 22, in the same building the Capel family business began in 1917.
During the ceremony Capel's Director of Manufacturing Richard Capel thanked IES for the recognition.
"I'm humbled by this," said Richard, who has been a driving force for the incorporation of lean principles into the company's daily operations.
Richard also took the opportunity to thank the company's employees: "This just wouldn't have been possible without your help and I thank you."
The relationship between IES and Capel began more than 10 years ago.
Since that time, the company has improved their competitive edge and
efficiencies, preserving approximately $2 million in economic value for
the state.
"There are three outcomes we strive for when working with clients:
improve the process, teach the tools and grow a culture," said IES
Extension Specialist Steve Laton, who first helped bring the concept of
leaner operations to Capel. "We did all three here at Capel and they
should be proud."
Laton's private industry experience includes time as a plant manager at
Collins and Aikman in Troy, just blocks from Capel's headquarters. He
spoke of how he would drive by and hope Capel would be one of the
companies to "make it."
"I'm pulling for Capel every day," said Laton. "There's a reason this
company is still here, when many companies aren't and that's the
people. Many of Capel's employees have been working for the company for
most of their lives."
Capel is one of 25 companies across the state that have been recognized
in IES's 1B4NC campaign, an effort to create $1 billion in economic
benefit for North Carolina by 2010 by partnering with industry
throughout the state.
Since January 2006, the campaign has provided North Carolina more than
$854 million in jobs saved, cost savings and increased sales.
For more information, visit www.capelrugs.com.
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