Article by Business World Magazine, April 2014
A fundamental point of pride for the New Jersey-based Accurate Box Company – which is celebrating 70 years in business in 2014- is its long-standing ability to look to the future and successfully chart the organizational course based on what that future is most likely to include.
It’s been a vital part of the skill set since Accurate was founded as a small folding carton operation in Newark in 1944, and it’s a tenet the company’s incumbent executive vice president and chief operating officer, Mark Schlossman, is still counting on as challenging conditions approach today.
Schlossman’s father in law, Charles Hirsh, assumed control of the business from his father, Henry Hirsch, in the 1960s and orchestrated the marriage of graphics to corrugated material – know as litho-lamination- in the 1970s. Accurate became one of the first U.S. companies to use an Asitrade for inline lamination of printed sheets to corrugated, and soon exited Newark for a sprawling nine-acre location in nearby Paterson.
Plant facilities were updated in the 1990s under the leadership of Lisa Hirsh, the grand-daughter of the company’s founder and now its president and chief executive officer. During that time, capacity drastically increased thanks to a $20 million expansion that included state-of-the-art machinery such as version 4 Asitrade, a seven-color KBA litho press and a Bobst SPO high-speed die cutter.
“These additions to our equipment list enabled us to become a company who can ship throughout the entire United States competitively. Once we realized this, the sky became the limit and our volumes grew year after year,” Schlossman said.