Newspaper Archive of
Cuba Free Press
Cuba, Missouri
January 29, 2004     Cuba Free Press
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January 29, 2004

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10A January 29, 2004 Business The Cuba Free Press Brian Walsh represents thi]'qt generation to lead INDEECO Brian J. Walsh, 40, has been named president of privately held INDEECO, suc- ceeding Fred Epstein, 68, who retires from the position after 30 years. Walsh has worked for INDEECO for 11 years, most recently serving the 75-year- old company as vice president/general manager and previously having served in key domestic and international sales lead- ership capacities. He is a political science graduate of Colgate University and earned a law degree from George Washington University. In accepting promotion, Walsh repre- sents the third generation of the family to provide leadership at INDEECO, which designs and manufactures commercial and industrial electric heating and control sys- tems. Walsh's wife, Rebecca, is the daugh- ter of Sara and Fred Epstein, and grand- daughter of INDEECO's founder, Milton Epstein. "Brian has shown outstanding leader- ship abilities everywhere he has served within the company," says Fred Epstein. "He gives us fresh ideas from the next gen- eration, providing greater value to our cus- tomers and doing business in new ways. We're excited about the future as Brian now leads us into our next 75 years of inno- vation." Walsh is enthusiastic about taking on the new responsibilities of president and is anxious to continue the company's record of outstanding growth. "INDEECO was built on its commitment to product quality and service to customers," Walsh says. "I want to maintain and expand on that rep- utation." "I've been fortunate," Walsh continued. "One couldn't ask for better teachers than those whose tutelage I've been under, including Fred and so many of our great managers. Together, all of INDEECO's employees have made our products the Cadillac of the industry. I'm proud to be a part of this great story that began right down the road from our headquarters, in the basement of the Epstein home where Milton first started putting his heating ele- ments together in the 1930s." INDEECO was founded in 1929 as a manufacturer's rep organizatjon supplying industrial products to users in Missouri, Illinois and Kentucky. In 1937, Milton began making heating elements of his own unique designs. His early customers included bakeries using heating elements to seal waxed paper around freshly baked bread. He also made elements used to cure glue used in shoe manufacturing. The com- pany would later hold the nation's first open coil duct heater patent and work with the Underwriters Laboratories to set the standard for those products. Thus began the major expansion of the company as it grew exponentially through the mid- 1 970s. Fred Epstein, an MIT graduate in physics, took on INDEECO's leadership in 1974 upon the death of his father. From that time on, he was able to further expand the business to its present level, counting among its customers many of today's cor- porate giants. The company's commercial space heating products and electronic con- trols a:o'comatn throughou-C-h country and abro'Tincluding sports ,nues, con- vention spaces, industrial plants, universi- ties, public buildings and mass transit vehicles. While Epstein is relinquishing his presi- dential responsibilities to Walsh, he remains active with INDEECO as CEO, fbcusing on real estate and finance issues. He will also oversee INDEECO Controls, a promising division that will use his broad experience to realize its own outstanding growth potential. He will continue to serve on the board of the Crawford County Foundation, which is planning to open a new child care center in Cuba in 2004. Rebecca and Brian Walsh are the par- ents of two daughters and reside in Clayton, Missouri. Both are active in the Zelda Epstein Child Care Center of St. Louis. Rebecca, an employment lawyer with Charter Communications, is a mem- ber of the board of directors and secretary of the center named in honor of her late grandmother. INDEECO operates manufacturing facil- ities in four Missouri communities: St. Louis, Boonville, Fenton and Cuba. For more information, visit the INDEECO web site ( or contact the company headquarters at 425 Hanley Industrial Court, St. Louis, MO 63144. Phone: 800-243-8162 (toll free) or 314-644- 4300. Sales and service questions may also be addressed via e-mail to: 00;ounty assessor mails personal property forms Kerry Summers, Crawford County Assessor, has mailed forms to property owners for listing their personal property which is subject to assessment for the 2004 assessment year. By March 1, 2004, every owner of holder of personal property must report, on the form provided by the assessor, all taxable personal property which was owned by the person , or business on January 1, 2004. "Every year a few property owners forget to return their lists," Summers said, "so we make every effort to remind people to return them on time." Those not returning a com- pleted list to the assessor by the March 1 deadline are sub- ject to a penalty. "Penalties range for $10 to $100 depending upon the value of the property and the statues provide the assessor with almost no discretion to waive the penalties," Summers said. According to the assessor, until recently, few penalties SMTS employees hold training Submitted photo SMTS employees are pictured at a safety meeting held at St. James in October. Safety meetings are held quarterly and presented by a MoDOT representative. SMTS is avail- able for transportation needs of the general public, espe- cially those 60 years of age or older. For information to see if SMTS may be of help in providing for your transportation needs, call coordinator Ed Froelich at 573-775-2793. Office hours are 8-11 a.m. Monday through Friday. Does Your Checking Account Have it? Ours Does!I!! From Club Accounts to Business Accounts, our Checking Accounts feature Bounce Protection. Bounce Protection is an overdraft privilege that allows First Community National Bank to honor any overdrafts up to a specified limit - Saving You Time and Money!!! Open a FREE Checking Account TODAY and receive Bounce Protection at no additional charge! F! RST COM MUN |TY Naliotml Bank strt'hilh' ( uba ulli;,,, itllllJ Rollz; were applied and lists were commonly filed late. The stat- ues were toughened and com- pliance with the law increased dramatically. MFA Oil will return $2.2 million cash to members The assessor advised that the best way to remember to return the list on time and avoid a penalty is to fill out, sign it, and put it in the mail the same day you receive it. It is also helpful for the prop- erty owners to comply the com- pleted and signed form and keep the copy with their records. Property owners or lessees who have not received a list are not excused from filing and should contact the assessor for a blank form at 573-775-2065. About 700 delegates, guests and employees of MFA Oil Company recently gathered at St. Louis fbr the c6mpany's ......... 74th annual meeting. Chairman of the board Benny Farrell, MaryVille, con- ducted the meeting and amibounced the company will return cash payments of $2.2 million to its members this year. Company president Jerry Taylor reported estimated sales of more than $486 mil- lion. Dianne White, local media personality and special assis- tant to Mayor Francis Slay, welcomed the group to St. Louis. Guest speakers were U.S. Congressman Kenny Hulshof (R-MO) and Dr. Jerry Crownover. humorist and newspaper columnist from southwest Missouri. U.S. Senator Jim Talent (R-MO), who was scheduled to address the group, was unable to appear in person due to con- gressional responsibilities in Washington, D.C. Instead, he delivered his update on agri- culture and the engery bill via videotape. MFA Oil Company is a farmer-owned cooperative with more than 40,000 members. The company supplies fuels, : lubricants, propane and tires to customers in Missouri, Tennessee, Arkansas, Mississippi, Oklahoma, Kansas and Iowa. Through a subsidiary, MFA Oil operates Break Time con- venience stores in Iissouri and Arkansas and Jiffy Lube and Big 0 Tire fi'anchises in central Missouri. (.:uba I inancial (:enter 573-885-3:00 ght on Dr. Felipe staff are proud to community care RN, CS, ANP, ing with Dr. titioner seeing Vivian Dudley, RN, NP and Felipe Eljaiek, MD woman exams counseling. appointment 240 Bourbon, Missouri CCW Training Class, (Concealed Oarrtj Weapon) This course covers and meets all State of Missouri to receive your official Certificate of Qualification. Handgun safety in the classroom, home, firing while carrying the firearm Basic principals of marksmanship Care and cleaning of concealable firearms Safe storage of firearms at home Demonstration by the applicant that he/she can load/unload the firearm and has demonstrated ship Review of firearms laws Laws pertaining to justifiable use of force Live fire exercises Classes will be eight hours. NRA certified instructor will ing the course. At least 120 rounds of ammunition required for this course. Class Dates00 1st Class: Jan. 29, 2004, 6 p.m. to 10 p.m. Jan. 31, 2004, 10 a.m. to 5 p.m. 2nd Class--Feb. 13 & 14 Cost $1 O0 Knights of Columbus Hall, Lower 1-44 Exit 210 Hwy UU 2 miles east of 4 .... if:! :i Deadline February We will be happy to take pictures. For more information call Sandy at the Cuba Free Pre: at 573-885-74, Roberta at the at 573.775-5454 I10 S. Buchanan, Cuba, MO 65453 573-885-7460 Steeivil00 Star:00wford Mirror 106 S. First Street, Steelville, MO 65565 573-775-5454