Nicole Wolter, president of HM Manufacturing in Wauconda, said her father started the business.
Wolter started in shipping, then did sales, gave quotes and then some accounting, eventually leading to doing cost analysis of manufacturing parts.
Eventually, she discovered the shop’s employees were thieving.
“They started their own business inside,” Wolter said.
“They were beating us on lead times, beating us on materials.”
She and her father fired 12 employees, leaving the company with three workers and three months of capital, eventually turning things around, Wolter said.
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