Press-Seal Gasket Corp: Fort Wayne Company Seals Future with Dynamic Approach

Founded in 1954, Press-Seal Gasket Corporation has grown from a small Fort Wayne operation to a company with international reach, selling to customers in Israel, Sweden, Norway, Mexico, Canada, Japan and some Caribbean countries.

“When I first started as a salesman in 1978, I was just the 13th employee,” relays Chairman and CEO James Skinner, adding the company now has 138 on staff.

Skinner explains the company was initially founded by a concrete pipe producer who wasn’t satisfied with the quality of rubber gaskets available at the time. Ten years later following some deaths in his family, two attorneys serving as the company’s counsel ended up owning the company. They struggled to produce a reliable accounting report, so they called IBM to send a computer salesman out in 1964 to straighten it out.

“My father (Hank Skinner) was working for IBM and was sent out to Press-Seal and explained IBM could not sell them a computer because the company was too small, and the cost of the computer would have been half of its annual revenues.”

He did provide them with a bookkeeping system and a list of accountants who could keep it straight.

“Basically, they were so impressed with him that they offered him part of the business – to come in as general manager,” Skinner says. “Then over the next eight years, my father purchased the interest of the other two stockholders. Since 1964, our family has been involved in the management of the company, and I purchased it from my parents in 1984.”

Over time, the company has expanded from mainly pipe gaskets and pipe-to-manhole connectors, and in 1990 expanded into extrusion and molding. Press-Seal has also added a tool and die operation.

“That’s a similar story to how the company started,” Skinner notes. “I was unable to get good delivery from local tool and die shops because we were a small company and all the larger companies in the Fort Wayne market were their priority. So I bought a small tool and die shop in Columbia City and turned it from a small shop that was servicing the foundry and automotive industries to a shop that focuses on medical, aerospace, automotive and higher tech things. It’s now a fully integrated shop…

“It allows us to take a different tack on how things are made,” he adds, noting that stainless parts are a specialty of the operation. “While a lot of tool and die shops are going out of business these days, we are thriving. We find a lot of customers are in a lot of pain in terms of non-delivery and (a shop) not understanding the customers’ needs.”

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Bennett Stresses Reward for Quality Teaching Over Seniority

Superintendent of Public Instruction Tony Bennett spoke to the Columbia City Rotary Club Tuesday and emphasized his hope to keep the best teachers in Indiana’s school corporations. The Fort Wayne Journal-Gazette has the story; here it is in full:

Indiana public schools need to be centers for student learning, not employment agencies for adults, Superintendent of Public Instruction Tony Bennett said Tuesday.

Teacher contracts need to be overhauled so that if layoffs occur, it’s the worst-performing teachers who lose their jobs, not the ones with the least seniority, Bennett told members of the Columbia City Rotary Club.

“We have to have the political courage to have any and every discussion that puts children first,” Bennett said. “We’ve built a system that really doesn’t do that. So I think we all have to have the courage to say what are the structures that will afford us the opportunity to make decisions that are best for Indiana children.”

Bennett echoed the sentiments of Indianapolis Public Schools Superintendent Eugene White, who told legislators this session he would be in favor of repealing the law that allows collective bargaining for teachers so he could overhaul his schools with the right people in the right spots.

Bennett offered a four-point system for how Indiana’s schools can become the best in the nation.

He compared these goals with President John F. Kennedy’s goal he outlined Sept. 12, 1962, that the United States win the race to the moon.

“I think we need to go back to Sept. 12, 1962, if we’re going to talk about education,” Bennett said. “The world our kids compete in today is very different than the world in 1962.”

Bennett is challenging Hoosiers to acknowledge that students are in a competition for jobs; change the discussion from how to get more money for education to how to get more education for the money; put student learning before assuring jobs for adults; and develop a system that recruits, trains, rewards and evaluates teachers as professionals.

“We have to take a hard look at how we expend our resources,” Bennett said.

Among the goals for the Indiana Department of Education during Bennett’s first term, he said, is for 90 percent of Hoosier students to pass the ISTEP+ and for 90 percent to graduate high school.

“If this is a fight we’re afraid of fighting, we’re in trouble,” Bennett said.

Hat tip to