Mary and Rick Anderson bought the 50 year-old Radco Industries to develop new technologies based on the custom automation and robotics capabilities of the company. Says Mary, “We bought the company because of the employees. We are more futuristic and needed people who think outside the box, those that can challenge themselves.” They continue to have some business with legacy customers from a rich history of building prototype equipment, but they spend a lot of time working on internal projects to develop new technologies in new industries.
While many of their solutions are proprietary and confidential, the leadership team was excited to talk about their work process. Each of their solutions is built through a collaborative process with all of their employees. Rick shared, “The core of our success is innovation and the ability to take innovative ideas and turn them into processes for industry.”
The Andersons feel the Toledo region is the perfect place for their business because of the connectivity to the community and various industries in the area, as well as the accessibility to companies outside of the region. They enjoy proximity and partnership with the University of Toledo and employ of their engineering students as co-ops.
“Toledo is a great place to do what we are doing, because Toledo is the heart of what we call the ‘Rustbelt’. Over decades, skilled workers built the capabilities that Radco enjoys now. We are simply using those capabilities and skills to develop technologies for the future which we believe have great potential.” - Rick Anderson, President & Co-Owner
“Many of the capabilities we seek exist in the area with our rich history. Within 50 miles, you can find someone that has the capabilities you are seeking.” – Nathan Anderson
“We’ve got the younger generation coming up and they have wonderful ideas. Marry that with the more experienced generation and you will find a phenomenal grouping with tremendous potential.” - Mary Anderson, Radco Industries