Alternative Design Changes Hands but Stays in the Family
Purchase of the company is the fulfillment of a life-long dream for new owner Grant Loyd, who pledges to maintain the culture with no expected changes in day-to-day operations
After 27 years as the owners of Alternative Design Manufacturing & Supply, Eddie & Georga Loyd recently made the decision to sell the company to their son, Grant Loyd. The company officially changed hands on January 1, 2014.
Eddie Loyd will stay on as the Vice President of Business Development, working with new product development and new markets, while also remaining a member of the Board of Directors along with his wife, Georga. “We didn’t have to look far to find a buyer who really cares about the people who work here and will maintain the culture of this company”, said Eddie Loyd. “For all of our customers, vendors and business partners, it really should be business as usual since Grant has been in charge of all facets of the company on a daily basis for the past 2 years.”
Grant, who has been involved with the enterprise since its inception in 1987, helped launch many key departments across the company including Marketing, Purchasing, Service & Quality. “When considering this decision while weighing the risks and the rewards, the number one thing that convinced us to move ahead was the knowledge that we have such a strong team of people here at Alternative Design – people that are professionals, family and friends.”, stated Grant Loyd. “This particular group of employees is what really made this decision for us. My wife Jessie and I are very excited for the future; her support throughout this new endeavor is what makes it all possible.”
For more information about the company, visit the corporate website at www.altdesign.com.
About Alternative Design Manufacturing & Supply, Inc.
Alternative Design is a manufacturer of animal housing solutions based in Siloam Springs, Arkansas. The company specializes in stainless steel fabrication of cages for the laboratory animal research, poultry science and commercial poultry industries. The company started in 1987 designing and manufacturing high quality animal housing systems. Today, the company is known for an industry-leading 5 year warranty, modular ventilated rodent housing for vivariums and over 25 years of producing quality products and services. For more information, use the following contact details.
Alternative Design Manufacturing & Supply, Inc.
(800) 320-2459 x331