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Celebrating Toledo’s Top Small Businesses in America: Balance Grille and Toledo Metal Spinning Make CO—100 List

9/10/2024

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The Toledo Region has long been a hub of innovation, resilience, and entrepreneurship. This year, two local businesses--Balance Grille and Toledo Metal Spinning—are being recognized nationally for their outstanding contributions to both the local and national business landscapes.
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Both companies were recently named to the U.S. Chamber of Commerce CO—100 List, an esteemed compilation of the top 100 small businesses in America. This recognition celebrates not only their business success but also their leadership, community impact, and ingenuity. View the full list.

Toledo Metal Spinning: A Legacy of Innovation and Dedication

Toledo Metal Spinning Company, with a proud history spanning over nine decades, has been a driving force in metal fabrication and spinning. Established in 1929, the company has thrived through its dedication to innovation, craftsmanship, and an unwavering commitment to its customers.

Vice president, Eric Fankhauser, shared his excitement about being named to the CO—100 list, saying, “We are very excited to be part of this esteemed group of CO—100 honorees. I value awards like this as a way to recognize the hard work of our employees and the remarkable customers we have. After all, without those two components, there is no business."

Toledo Metal Spinning’s resilience in overcoming significant challenges has also been a testament to its strength. Fankhauser recalls the aftermath of a devastating fire in 1998, a pivotal moment in the company’s history. “Our comeback was amazing and remarkable, and it was because of our employees,” he noted. Their efforts have not only restored the company but have fueled its continued growth and success.

Today, Toledo Metal Spinning continues to thrive by serving a diverse group of clients across various industries, including aerospace, automotive, and defense. The company’s ability to adapt to changing market needs and continually innovate has been a driving factor in its sustained success.

As Fankhauser looks to the future, he is optimistic about the next generation taking the reins. “It is exciting for us to be training and teaching our younger generation the ways of the business,” he said, highlighting the family-run nature of the business and the involvement of the third generation of Fankhausers.

Balance Grille: A Culinary Dream Turned Reality

Founded in 2010 by childhood friends Prakash Karamchandani (PK) and HoChan Jang (CJ), Balance Grille has grown into a beloved brand known for its innovative and health-conscious approach to fast-casual dining. Starting with a simple dream of serving happiness through food, PK and CJ have transformed Balance Grille into a multi-location success, with a focus on sustainability, clean ingredients, and bold flavors.

Balance Grille’s inclusion in the CO—100 list is a testament to its impact on the culinary world and its commitment to creating positive change in the fast-casual dining industry. The company’s dedication to providing fresh, local, and ethically sourced ingredients has set it apart from competitors, making it a standout not just in Toledo but across the industry.

A Reflection of Toledo’s Entrepreneurial Spirit

“Both Toledo Metal Spinning and Balance Grille embody the ingenuity and innovation that make the Toledo Region a hub for entrepreneurial success,” said Wendy Gramza, president & CEO of the Toledo Regional Chamber of Commerce. “Their inclusion in the U.S. Chamber of Commerce’s CO—100 List is a testament to their contributions to our local economy, their unwavering dedication to excellence, and their ability to adapt and thrive in a competitive landscape.”

As the Toledo Region continues to grow and evolve, businesses like Toledo Metal Spinning and Balance Grille serve as shining examples of what can be achieved with vision, determination, and a commitment to making a difference.

Congratulations to both companies for their well-deserved recognition!
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