Karl W. Schmidt, founder of Karl W. Schmidt (KWS) & Associates, Commerce City, Colorado, has announced his upcoming retirement and the sale of his business, which provides consulting, engineering and manufacturing of custom recycling systems. He will stay on with the company, which now will be known as Karl Schmidt Manufacturing, to consult.
“I don’t have children; KWS & Associates Inc. is my legacy, and I am excited to pass it on and happy that my conveyors and business will continue to serve others,” Schmidt says.
Chad TeBeest has purchased KWS & Associates. He is an experienced manufacturing business owner, according to a news release from the company. TeBeest earned a bachelor’s degree in mechanical engineering and a master’s degree in engineering technology management. He currently owns Protocast Inc., a foundry and machine shop in Denver. Since being hired by Protocast in 2005, TeBeest has worked his way up from machinist to owner and has grown the company from 12 employees to 30. Innovation and creativity that is focused on clean, efficient manufacturing has led to Protocast’s success and will benefit Karl Schmidt Manufacturing, the company says.
“We are excited about the business and look forward to serving our clients’ needs,” TeBeest says.
Schmidt will continue to work with the company that he founded 38 years ago, passing on his knowledge and customer relationships. He says he is looking forward to being able to relax somewhat and to see the legacy of excellence that he has built over the past 38 years continue.
KWS & Associates says it has enabled clients in more than 35 countries to operate effectively and stay competitive through innovation and sustainable technologies.