Lehi Bakery: Standardizing a Legacy Family Business

09/11/24 • 40 min

After becoming a Chartered Financial Analyst, earning an MBA, and finishing law school, David had the Wall Street career, but couldn't shake being drawn to Main Street businesses.
In 2018, David purchased Lehi Bakery in Lehi, Utah, home of the square doughnut. For many, lining up for a square doughnut every Saturday morning is a tradition. They are THAT good. Thanks to David, even more people can enjoy the sweet, sticky, doughy goodness of these beloved treats because he has significantly improved the company's efficiency and processes, which has led to expansion opportunities.
David's involvement in the Utah food scene doesn't stop there. His company Kensington Asset Management also owns Magleby's and Summit Pizza Co & Ice Cream.
While expanding is exciting, David does it for more than the money or clout. He does it for his people. He is passionate about changing the script on food jobs and offering more opportunities for individuals to advance. The most fulfilling thing he does is give employees the opportunity to flourish the same way someone granted that opportunity to his mom who is a great source of inspiration.
If you've considered purchasing business, need to standardize a business, or just love square Lehi Bakery doughnuts, give this episode a listen!
Learn more about how iMpact Utah helps Utah manufacturers profit more and strengthens Utah's economy at www.impactutah.org.

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Previous Episode

US Synthetic: How Founder Louis Pope Grew a Business Worth Hundreds of Millions

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Can FUN be one of your company values?
We interviewed Louis Pope, who’s a legendary manufacturing figure in Utah. Not just because he’s the founder of US Synthetic—a now-quarter-billion dollar manufacturing company that makes diamond inserts for down-hole drilling tools—but because of the impactful company culture he built along the way.
US Synthetic is one of the premier providers of diamond-based drill bits in the world. Wherever oil is drilled, you’ll likely find a diamond bit made by US Synthetic. While the company has been acquired multiple times in the past couple of decades, it didn’t take off right away.
Learn how a unique corporate culture and a commitment to continuous improvement helped US Synthetic weather 13 years of what Louis Pope himself called “a slog,” struggling to make payroll before they exploded into one of the most successful manufacturing companies in the diamond insert manufacturing market.
Louis’s perspective on how leaders bear a responsibility to empower and support their employees truly embodies his company motto of “improving lives.”
We’re excited to share with our listeners stories of how Louis inspired his team to lean into their curiosity and their sense of fun, even through tough times, including tales of homemade bowling ball cannons and a human slingshot.
Don’t miss this one!

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Next Episode

Sun Print Solutions: Surviving Election Season Production

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With the presidential election quickly approaching, Sun Print Solutions in West Valley City has been ramping up to endure the most chaotic season in their business.
Sun Print is the go-to for printing and mailing of election materials, working with political teams all over the country. The average order for a political piece is 100,000 units, and some of their orders require more than $1 million in postage alone.
Jennifer Pettinger purchased Sun Print Solutions with her business partner Sara Deneau in 2019 and they've been growing ever since. Sun Print was recently awarded an SBA award as a 100% woman-owned business.
While some may argue that Sun Print is a manufacturing company, Jennifer says they absolutely are. They take clients' ideas and make them reality. They are also an essential piece to the manufacturing puzzle, making the boxes many products are packaged in. Brand packaging alone is a highly scientific manufacturing process. Matching Coca-Cola red and Vivint orange isn't as easy as one may think.
When Jennifer purchased Sun Print Solutions, she had an extensive print background. Her parents owned a print shop she ultimately took over, and then merged that business with Sun Print when it was up for sale.
In this episode, Jennifer shares how she rallies her team through busy season, tackles challenges with product quality, and works through the unique circumstances that comes with being a union printer.
Sun Print Solutions offers a variety of printing, mailing, and packaging services, including offset, digital, and lithography printing. The company also offers direct mail printing and services, including political mailings, voter outreach, and cause marketing. Check them out: https://sunprintsolutions.com/
About iMpact Utah
iMpact Utah is the business transformation partner for Utah manufacturers, helping small to large companies optimize performance, increase profits, and scale. iMpact is the only manufacturing consulting and training firm that guarantees results and is held accountable to making a measurable impact in Utah’s economy. Each year, iMpact Utah’s clients report hundreds of millions of dollars in new sales, retained sales, and cost savings as the result of working with the iMpact team. Manufacturers who work with iMpact receive support through boots-on-the-ground coaching, consulting, training, and residencies while also taking advantage of free tools, events, and content from subject matter experts. Connect with the regional director assigned to your area to access the no-cost resources that will address your company’s most pressing needs.

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