At Dordan Manufacturing Co. Inc., family means more than just flesh and blood.
That's one of the reasons why CEO Daniel Slavin has absolutely no interest in selling his company despite the repeated inquiries he gets from people looking to make a deal.
“I get two or three calls a week from M&A people looking to buy, looking to invest and I don't have any desire to sell. I'm not the retiring type. I don't have any hobbies. I don't play golf. My hours are pretty much whatever I want. I'm not sure what I would do,” Slavin said.
“I have people who have been with me a long time. And selling also has an impact on them. And it's not something, after the years they put in, at the age they are at, that I would feel comfortable doing,” he said about many employees.
Dordan Manufacturing was started by Edwin and Vivian Slavin in 1961 as a contract packaging company that also made skin packaging. By the late 1960s, the company had evolved into a thermoforming company, and Daniel came on board in 1970. Just four years later, with his father retiring, he was in charge.
These days, two of his four children, Aric Slavin and Chandler Slavin, are involved in the business as well as his son-in-law, Daniel Haavig.
But when he considers his entire workforce, the CEO sees many longtime workers he considers family as well. These are folks who have been with Dordan Manufacturing year-after-year, decade-after-decade, devoting their working life to the success of the company.
Slavin does not take that commitment lightly.
“I have people who have been working with me in excess of 30 years, so when you talk family, there's family and then there's family. I have employees who have been with me so long, that have been so integral in my growth, that they are also part of the family in a sense and they are treated as family,” Slavin said.
Selling the company, he said, would cast doubt on not only the employment prospects of his own family but of his extended work family. And that, he said, just can't happen.