He has
spent a career fixing other companies. But now, entrepreneur Pierre
Lafleur has founded a company that fixes shopping carts for the
nation’s retailers, keeping old carts out of landfills and saving
customers a bundle.
“Cart
Tech was created to give retailers an alternative to continuous
investment in new shopping carts to replace worn and damaged ones,”
said Lafleur, the company’s president.
Lafleur
was not just working on a hunch when he formed Cart Tech. He
previously was president and general manager of Technibilt Ltd., the
nation’s leading manufacturer
of shopping carts and a major player in wire products and wire
design shelving. He helped guide that company to production of more
than 700,000 shopping carts annually.
“Over
the past few years, the costs of steel and plastic have soared to a
point where shopping cart pricing increased substantially,” he said.
“It became clear the solution rested with the refurbishment of old
shopping carts. As a result, Cart Tech was born.”
Cart
Tech receives regular shipments of worn and damaged shopping carts.
The
carts are given new life with a five-step, state-of-the-art process
that Lafleur has perfected. Upon arrival, the damaged carts are
sorted by manufacturer and model (there are only three major
manufacturers of shopping carts in the United States). The carts
then are diagnosed, disassembled and prepared for refurbishment. New
part requirements are determined and new replacement parts are
ordered for eventual re-assembly. Cart Tech reuses up to 90 percent
of old parts. Unusable old parts, scrap plastic and steel are
recycled, making Cart Tech’s green processes, even greener.
While
Cart Tech is off to a fast start (the company commenced operations
January 2), its initial success is nothing new to Lafleur. His
career has included many assignments to “fix” ailing companies. He
came from humble beginnings and family circumstances caused him to
be resourceful and hard working—traits that have served him well in
business. As a young man, he worked 2,000 feet underground as an
electrical apprentice in copper mines. He took a pay cut to work at
a bank and ended up managing 28 offices of a finance company at age
24. The company later asked him to troubleshoot problem branches.