Guest: Jeff Strong, Lead Engineer and Founder of CORR Solutions Electrical (https://corrse.com/)

Episode Overview: In this insightful episode of the Entrepreneurs, Business & Finance Podcast, host Henry Harrison sits down with Jeff Strong, the lead engineer and founder of CORR Solutions Electrical (CORRSE). Jeff shares the remarkable journey of transitioning his company from traditional electrical construction to pioneering the production of low-voltage electrical switchgear. He discusses the challenges and triumphs of navigating supply chain disruptions, the importance of engineering excellence, and his passion for research and development that drives innovation in his field.

Key Discussion Points:

Company Evolution and Market Demand:

Jeff details CORR Solutions Electrical's shift from electrical construction to the manufacturing of low-voltage switchgear.

The importance of this product in EV projects and utility installations, particularly in response to the growing market demand.

The company’s ability to deliver switchgear in significantly reduced timeframes compared to industry giants.

Engineering and Innovation:

Jeff's background in electrical engineering and how his 40 years of experience in the field have shaped the company’s products.

The process of engineering products in-house, from CAD design to final assembly, ensuring quality and efficiency.

The continuous drive to improve existing products and develop new, innovative solutions, including R&D projects like mobile reverse osmosis units for emergency water purification.

Family Business Dynamics:

The rewarding yet challenging experience of running a family business with his son, balancing responsibilities between engineering, R&D, and business operations.

The significance of organic growth and how the company manages demand to maintain quality and avoid being overwhelmed.

Community Impact and Challenges:

The impact of CORR Solutions on the local community in Longview, Washington, from job creation to contributing to local industrial growth.

Challenges faced in the industry, including supply chain issues like the current shortage of copper and how the company navigates these obstacles.

Future Outlook:

Jeff shares his vision for the future of CORR Solutions Electrical, focusing on continued innovation, organic growth, and potential new products.

Insights into the company’s plans to stay at the forefront of the industry while maintaining a manageable and sustainable growth rate.

Takeaways:

The importance of flexibility and innovation in business, especially in response to market changes and challenges.

How hands-on experience and a commitment to quality can set a company apart in a competitive industry.

The benefits and challenges of running a family business and the value of solid mentorship and collaboration in achieving success.