23 min

Quantum Storage Systems: Dean Cohen IndustrialSage

    • Marketing

Dean Cohen of Quantum Storage shares how much the company has been able to grow while avoiding a lot of common industry pitfalls.

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Danny:

- Well hello, and welcome to today's IndustrialSage Executive Series. I am joined by Dean Cohen who is the vice president of Quantum Storage Systems. Dean, thank you so much for joining me today on the Executive Series.

Dean:

- My pleasure. Glad to be here.

Danny:

- I'm glad to have you on here. First order of business for those who are not familiar with Quantum, Quantum Storage Systems, tell me and our audience who you guys are and what you do.

Dean:

- We are a manufacturer of plastic storage bins and storage containers. We marry it up with wire shelving systems and supply to a wide array of customers complete storage systems in any way to organize your space.

Danny:

- Great, yeah. I imagine you're in a whole host of different industries and niche segments. Can you give us a little bit of a flavor of that?

Dean:

- We're fortunate to cater to a number of different markets. The markets include industrial and material handling, food service, medical, supermarket, food service, electronics, retail. There probably isn't an industry or a sector that probably is not using or organizing with storage bins.

Danny:

- Gotcha. You said you're a manufacturer; you're manufacturing those as well. Where are those facilities where you manufacture?

Dean:

- We do all of our manufacturing of all of our bins here in Miami. We've been doing that since 1988, so we've been doing it a long time and have our own injection molding company here in Miami where we manufacture all the products.

Danny:

- That's great. Okay, well cool. I think we're going to jump into a little bit more some challenges, some things I imagine that just like everybody and all the manufacturers, no one's been left untouched relative to Covid. I'm sure there's been some challenges but also some great opportunities. But before we jump into all that, I'd really like to know more about you. I want to learn a little bit more about Dean. This is where we focus on the executives that we have on here. So tell me, how did you get into this space? Take me way back.

Dean:

- I'm very, very fortunate that my father who was a very, very large influence on me was always involved in plastics and introduced me to the plastics world when I was a teenager. I had an opportunity to come into a custom injection molding business when we were looking to begin our own product line and our own name brand which was the origins of Quantum. That was my original foray or entrée into the business when nobody knew what a Quantum bin was or nobody had any idea that Quantum even manufactured storage bins. Those were my original beginnings, and very lucky to be where I am today.

Danny:

- Is this a family-owned business?

Dean:

- It is.

Danny:

- Okay, alright, and so your father started it; is that what I understand?

Dean:

- My father and first cousin.

Danny:

- Oh, excellent. Are they still involved in the business?

Dean:

- My first cousin is. Yes, he is.

Danny:

- Okay, excellent. So you got in really, you said you were young. You were a teenager. Was it 16? Was that right?

Dean:

- That was my original entrée. I came out of college actually having nothing to do in the business world. I was actually a tennis player, and all I wanted to do was play tennis and travel the world playing tennis.

Danny:

- Oh, well what happened?

Dean Cohen of Quantum Storage shares how much the company has been able to grow while avoiding a lot of common industry pitfalls.

hbspt.cta.load(192657, 'ee6f69de-cfd0-4b78-8310-8bdf983bdcc9', {});  

Danny:

- Well hello, and welcome to today's IndustrialSage Executive Series. I am joined by Dean Cohen who is the vice president of Quantum Storage Systems. Dean, thank you so much for joining me today on the Executive Series.

Dean:

- My pleasure. Glad to be here.

Danny:

- I'm glad to have you on here. First order of business for those who are not familiar with Quantum, Quantum Storage Systems, tell me and our audience who you guys are and what you do.

Dean:

- We are a manufacturer of plastic storage bins and storage containers. We marry it up with wire shelving systems and supply to a wide array of customers complete storage systems in any way to organize your space.

Danny:

- Great, yeah. I imagine you're in a whole host of different industries and niche segments. Can you give us a little bit of a flavor of that?

Dean:

- We're fortunate to cater to a number of different markets. The markets include industrial and material handling, food service, medical, supermarket, food service, electronics, retail. There probably isn't an industry or a sector that probably is not using or organizing with storage bins.

Danny:

- Gotcha. You said you're a manufacturer; you're manufacturing those as well. Where are those facilities where you manufacture?

Dean:

- We do all of our manufacturing of all of our bins here in Miami. We've been doing that since 1988, so we've been doing it a long time and have our own injection molding company here in Miami where we manufacture all the products.

Danny:

- That's great. Okay, well cool. I think we're going to jump into a little bit more some challenges, some things I imagine that just like everybody and all the manufacturers, no one's been left untouched relative to Covid. I'm sure there's been some challenges but also some great opportunities. But before we jump into all that, I'd really like to know more about you. I want to learn a little bit more about Dean. This is where we focus on the executives that we have on here. So tell me, how did you get into this space? Take me way back.

Dean:

- I'm very, very fortunate that my father who was a very, very large influence on me was always involved in plastics and introduced me to the plastics world when I was a teenager. I had an opportunity to come into a custom injection molding business when we were looking to begin our own product line and our own name brand which was the origins of Quantum. That was my original foray or entrée into the business when nobody knew what a Quantum bin was or nobody had any idea that Quantum even manufactured storage bins. Those were my original beginnings, and very lucky to be where I am today.

Danny:

- Is this a family-owned business?

Dean:

- It is.

Danny:

- Okay, alright, and so your father started it; is that what I understand?

Dean:

- My father and first cousin.

Danny:

- Oh, excellent. Are they still involved in the business?

Dean:

- My first cousin is. Yes, he is.

Danny:

- Okay, excellent. So you got in really, you said you were young. You were a teenager. Was it 16? Was that right?

Dean:

- That was my original entrée. I came out of college actually having nothing to do in the business world. I was actually a tennis player, and all I wanted to do was play tennis and travel the world playing tennis.

Danny:

- Oh, well what happened?

23 min