Public vs. Private — Wall Street Sways Fortunes

As a private company with a flat corporate structure, Stiffler feels The MATLET Group is more nimble and can react better and faster to the needs of customers and employees. But they’re as cautious as a public company regarding equipment investments.

“We bought two presses in the first 18 months and have two more planned in the next 18 months,” he says. “But, we can’t afford to make a $6 million mistake. Buying the wrong press is more painful for us than it is for a larger corporation.