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Statistical process control insures that approximately 99.9-
percent of Exacto's springs will be within specifications.
Mr. Heitz has also worked extensively in the area of spring
packaging. In 1992, Mr. Heitz developed magnetic boards designed
to have springs adhere to the board during shipment. This
technique helped reduce spring tangling and damage during
shipment and eased customer product assembly. Mr. Heitz also
helped develop the idea of using tubes to ship and disburse
springs. The development and improvement of Exacto's spring
packaging is an ongoing process.
Mr. Heitz has been the president of Exacto since 1976. As
president, Mr. Heitz was responsible for overall company
finances, management, and direction. Since Exacto's inception,
Mr. Heitz’ greatest contribution to Exacto has been in the areas
of spring development and sales. Mr. Heitz has the unique
ability to target a client, identify a way the client could
benefit from a specific spring application, and then design the
spring that could perform that application. During the years at
issue, Mr. Heitz was responsible for soliciting 65 to 70 percent
of Exacto's sales.
Hickory Sales Corp. (Hickory) was established during 1985.
Until June 15, 1994, all of Hickory's shares were owned equally
by Dennis Backhaus and Daniel Linsley, who were employees of
Exacto. Hickory acted as a sales representative for Exacto. For
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Last modified: May 25, 2011