Speck Industrial Controls Incorporated
Radwell further penetrates the manufacturing and automation markets with its massive online resource, Radwell.com. Radwell's website is the largest provider of new and used surplus, industrial electrical and electronic control equipment in the world. “We buy back new and used controls from plant closings, auctions and inventory overstock. Radwell certifies the parts, and then ships them in custom Radwell packaging and sells them for half of their original price. Radwell also sells 30% of its products outside the United States.
Speck Industrial Controls Incorporated
Brian Radwell starts working at Speck as a shipper.
- Jim Speck leaves company
- Jerry Radwell suffers a heart attack
- At 18 years old Brian Radwell runs
Speck Industrial until his father recovers
- Speck expands into a 1,500 sq ft
facility in Mt. Laurel, NJ
- Increases staff to 10
- Speck Industrial starts construction on a
new headquarters in Moorestown, NJ
that will be 8,500 sq ft
- Jerry Radwell suffers a stroke paralyzing
- Brian Radwell becomes President at age 22
Speck Industrial headquarters starts
construction; expands to 13,500 sq ft
- Speck Industrial Controls becomes Radwell International
- Relocates to a 70,000 sq ft facility in Lumberton, NJ
Radwell International’s net sales reach $37 million
Radwell International expands its
Lumberton, NJ headquarters
to 110,000 sq ft
Radwell International establishes a repair and
distribution center in the United Kingdom to
service the overseas marketplace
Radwell International acquires Enterprise
Automation which becomes Radwell-Canada
Radwell-Canada relocates to a brand new
facility in the Greater Toronto area
Radwell International acquires Dorman & Associates
in Franklin, Indiana which becomes Radwell-Indiana
Radwell International acquires KF Group (which
becomes Radwell-North Carolina) Omega Board Repair
(which becomes Radwell-Texas) and Midwest Industrial
Services (which becomes Radwell-Missouri)
- Radwell International acquires 3E Services,
- Radwell International Expands to Germany
- Radwell moves to it’s new 311,000 sq ft
world headquarters in Willingboro, NJ
Brian continued high school and opted for early-out programs in order to hasten his opportunity to train and work in the expanding automation industry. Speck was struggling . Brian decided to remain the shipper and take a second job as a gas attendant in nearby Marlton. “This enabled me to work until midnight almost every night while learning how to earn money.” Between the ages of 15 and 18, Brian maintained a full schedule of high school while working two jobs.
Jerry was in his very early fifties when Brian would not allow him to be placed in a nursing home. “This is when the largest battle began,” Radwell exclaims. “We were employing 15 people, and the insurance carrier raised our rates from $2,000 per year for an average employee to $60,000 per employee per year!” This was on top of the fact that his father, Jerry still needed the insurance. It was costing Speck nearly $1 million per year. The insurance that was available to replace the current policy did not offer home nursing care.
Jerry Radwell died in 2002 on New Year’s Eve at home in Medford, New Jersey.
In 2011, Radwell expanded into the European markets by establishing a repair and distribution center in the United Kingdom. The intent was to bring the Radwell brand to the overseas marketplace.
In 2012, Radwell expanded into the Canadian market by acquiring Enterprise Automation, a Canadian repair operation. Enterprise was transformed into Radwell-Canada and has been servicing the Canadian market ever since. Radwell-Canada operates out of a repair and distribution facility located in the Greater Toronto Area. Radwell-Canada performs repairs in-house and provides customers with access to the vast inventory network that United States and United Kingdom customers enjoy.
In 2014 Radwell began to acquire several small distribution and repair companies throughout the US, merging and transforming them into Radwell branch locations, bringing repair services and product sales closer to the local markets and sales territories they serve. The first of these was the acquisition of Dorman and Associates in Franklin, Indiana. Dorman’s existing building was completely renovated and quickly transformed to become Radwell-Indiana.
In 2015, Radwell acquired KF Group along with its facility which became Radwell-North Carolina, and Midwest Industrial Services which became Radwell-Missouri. Radwell also acquired Omega Repair, a CNC (Computer Numerical Control) Repair Company in Arlington, Texas. Omega became Radwell-Texas and is one of Radwell’s specialized repair facilities as well as its distribution center for South-West United States.
In 2016, Radwell acquired 3E Services which is now Radwell-Georgia. Radwell also expanded into Germany at this time by opening a branch in Krefeld.
Radwell also continues to add sales and service personnel in the United States. This growth expands Radwell’s national and global presence as one of the largest industrial repair and distribution facilities in the world.
Radwell maintains an intense commitment to its people who are referred to not as employees, but Family Members. Radwell understands the role that the collective efforts and talents that its staff plays in its success. In the recent economic downturn that has plagued the world, Radwell is proud of the fact that not only did it not lay off any family members due to the slowdown, but it continued to hire and expand.
Today, Radwell employs over 850 family members around the world.
Radwell is determined to create the best industrial repair, distribution and surplus automation company in the world. Radwell has added to its global inside and outside sales force, Engineers, and Technicians. Radwell strives to offer the highest in reliability and truly cares about its customers, as it continues to provide the best service possible.