FASTEST GROWING COMPANIES | $25M-$75M | 4TH PLACE
John Matouk & Co. of Fall River has prospered thanks to a dogged focus on high quality: in workplace conditions, in business-to-business relationships and – above all – the quality of its luxury linens.
The latter – making fine bed, bath and table linens for high-end consumers – is the most important, said CEO and President George Matouk Jr., the third-generation owner.
“We are a product-oriented company,” Matouk said. “Without a beautiful product that people want to own, all the rest is meaningless.”
Matouk became president and CEO in 2002. Since then, sales have grown from $6 million to approaching $30 million, and staff has grown to 115 people at the 87,000-square-foot plant.
A recent innovation is the company’s new manufacturing resource planning software, which runs the operation.
Instead of buying conventional software for textile manufacturing that is inherently oriented toward the manufacturing floor, Matouk acquired a platform aimed at the sales force. “We approached this from a customer-first perspective,” he said.
Another innovation that addresses Matouk’s emphasis on treating employees well was to air-condition the warehouse, a rarity in the industry.
CEO (or equivalent): George Matouk Jr., CEO and president
2016 Revenue: $26,768,497
2014 Revenue: $22,022,608
Revenue Growth: 22%