It was 1934, five years after “Black Tuesday” signaled the start of the Great Depression. Unemployment rose to 25%, U.S. economic production dropped by half, and the ills of the U.S. economy would linger another six years rippling hardships throughout the world. While others hoped only to endure, one man had a vision, a motivation and likely, a large dose of fear as he contemplated what “could be.” In Bath, New York, Ray Lane took the first step into his future with the founding of Lane Enterprises.
Today, it is common practice to hang the hat of success on quality production, responsive customer service, and technical expertise. Easily identified as best practices, adhering to that philosophy was the battle facing Ray as a supplier to the already cyclical construction industry, thrashed by the uncertainties of a World War, social and economic upheavals, oil embargo crises, and the whipsawing of political positions. Yet, Ray Lane never lost the focus of his mission to meet the challenges of a changing, demanding construction industry.
Today, with 15 managers and 300 employees working in 11 plants delivering product throughout the country the long history of growth and success has not abated. With combined efforts of everyone in the 100% ESOP ownership program, Lane is thriving as the nation’s second largest producer of corrugated metal pipe and high-density polyethylene pipe. Equally, Lane has risen to be the nation’s second largest producer of steel and aluminum structural plate.
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