WINTER 2017

Crain’s Cleveland Business has named Talan
Products to its 2016 class of the 52 fastestgrowing
companies in Northeast Ohio, adding to a
long list of honors it has earned over its 30 years
in the metal stamping industry.
“We’ve received lots of recognition, but we
never get complacent,” said CEO Steve Peplin,
who co-founded Talan Products with one order
from one customer in 1986. “We’ve built a highperformance
team, and I’m very proud of them,
but no matter how well we do, we have to raise
the bar every year and continuously improve.”
Crain’s award recognizes this entrepreneurial
spirit, innovation and growth based on a
combination of revenue growth and total revenue.
Talan’s sales growth of 35 percent from 2014 to
2015, with annual revenue totaling between $40
million and $50 million, earned it a place on this
prestigious list. Employee count grew by about the
same rate, bringing the total to 70.
Talan’s core business - stamping metal parts
for the building products industry - accounts for
two-thirds of its production, and this segment
continues to grow. However, much of Talan’s
recent growth comes from newer niche market
segments, such as solar energy and LED lighting.
“We’ve been fortunate that we chose target
markets that are doing very well, but we chose
those industries because we knew they’d see
high growth,” Peplin said. “We knew solar would
be a natural extension of our core competency
in building products, because it’s often installed
on buildings. We knew there’d be a need for the
processes we employ, so we began focusing on
the solar energy industry 10 years ago, and it has
doubled every year.”
Talan manufactures mounting components
for solar collector panels, serving residential,
commercial and utility-scale installations. Solar
energy is “easily our fastest-growing segment,”
Peplin said, accounting for 35 percent of Talan’s
business.
For more details about Crain’s 52 fastest-growing
companies in North America, visit http://www.
crainscleveland.com/crains52.
For more information about Talan Products, visit
them online at www.talanproducts.com.
Provided by GlobalFastenerNews.com
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