· National Quality Excellence Vendor Award – Comerica Bank
· Supplier Excellence Award – Texas Instruments, Inc.
· Minority Supplier of the Year – Texas Instruments. Inc.
· Minority Business of the Year – Finalist – DFW MBDC
NEWS
Caddy Printing goes big-time with national contracts
08/24/04
Maddy
and Subash Kapoor (center) owners of the
Dallas-based Caddy Printing & Graphics Inc.
receive a “supplier excellence” award from
Comerica Inc.’s Beth Action, far left,
executive vice president and chief financial
officer, and Ron Marcinelli, executive vice
president national business finance.
DALLAS — After 10 years of owning and operating
a small printing company, Subash and Madhu Kapoor
decided to use their good fortune of landing a
big-time client and expand. Now, the couple's
Caddy Printing & Graphics Inc. has over 300
customers and records sales of about $2.5 million.
"Texas Instruments launched us," said
Subash Kapoor about the early '90s contracts,
which the company, then called Caddy Quick Print,
grabbed from the technology giant.
Signed on to help alleviate some of the back-log
of printing jobs within Texas Instruments Inc.,
Kapoor said Caddy kept the company coming back
with its service and efficiency.
The added business and increased needs from Texas
Instruments, he continued, triggered thoughts of
expansion.
Until that point, the Dallas-based Caddy Quick
Print, which was acquired by Subash and Madhu
Kapoor in 1981, had been run entirely by Madhu.
Subash worked as a project analysis manager for
Frito-Lay Inc. As expansion loomed, though, Subash
left Frito-Lay to help his wife run Caddy.
Using loans and personal financing, the couple
invested about $750,000 into equipment and
facilities that would increase the company's
productivity and capacity. Re-named Caddy Printing
& Graphics Inc. the company also soon moved to
a 31,000 square-foot facility.
"Our performance with (Texas Instruments)
helped us get other clients," Subash said.
Texas Instruments has awarded Caddy several
"supplier excellence" awards.
Other notable Caddy clients include Nortel
Networks, J.C. Penney Company Inc., American
Airlines Inc., Exxon Corp. and Comerica Inc.
In 1997, Caddy continued to branch out by
launching a subsidiary called Caddy Digital
Imaging Inc.
Madhu said that this move was prompted by larger
clients' needs for graphic services. The digital
imaging side of the business also ventured into
document storage.
Combining the company's printing capabilities,
clients' documents can be scanned onto a CD-ROM
and filed according to individual systems.
The following year, Caddy acquire a 20-year old
company, Multipress Inc. This acquisition upgraded
Caddy's form management services.
Cady has also ventured onto the Web and now
processes work for several of its major clients
online from across the country.
All these moves have paid off for Caddy. According
to Subash, the company has experienced a growth
rate of about 20 percent per year.
Surprisingly, Caddy has done all this with no
sales force. Subash and Madhu run the company and
approximately 20 employees handle the production.
"The majority of our business is referral
business," Subash said.
Several years ago, Caddy registered a coup when it
grabbed a national contract with Comerica.
Subash said Caddy was the smallest of 11 finalists
for the job.
According to Susan Newman, an assistant vice
president of corporate servicing, Caddy received
the contract for its track record of customer
service and high quality products.
Caddy had been working with Comerica on the local
level in Texas for several years. Despite this,
Subash said, he still had to push just to get a
bid in the door for a national contract.
Caddy has since received a "supplier
excellence" award by Comerica.
Madhu pointed out that Caddy's relationship with
Comerica has been so successful that Caddy now
deals directly with Comerica bank branches
throughout the country when process printing
orders, as opposed to going through the national
office.
"Everybody seems to be pretty happy and it is
working well," Subash added.
Maintaining a relationship with its big clients is
what has kept Caddy going.
Caddy continues to work with Texas Instruments and
has printed over 1 million manuals for the company
in addition to various design and printing jobs
and all of its business cards.
Next up for Caddy is dealing with new
technological advances that are changing the
nature of the printing industry such as direct to
plate digital printing and the increased practice
of online publication.
Will this mean more expansion for Caddy?
Subash said he is not yet sure which way the
changing industry will take him, his wife and
their company. "We have to evaluate what our
customer's needs are and go from there."