Brampton, Durham, GTA, Mississauga, Vaughan

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WEGU Manufacturing in Whitby ON makes products you own/use/see every day without your knowledge. They may have touched your vehicle, vending machines, ATM machines, home appliances, work tables, water hydrants, home electrical boxes and the list goes on…

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Warren Buffett said, “It takes 20 years to build a reputation and five minutes to ruin it. …”

It never really occurred to me, but when Linda Papadopoulos of Pearson Dunn Insurance mentioned it at our Brampton/Mississauga consortium SIG on February 23rd, a few things clicked. How Apple has recently strived to put the “made in America” stamp on their products by reminding us they are “Designed in California” (and “Assembled in China” rather than “Made in China”). That’s all about “reputation”. We all know how quickly a stock can dive, due to some internet gossip. On the positive side, being seen as environmentally conscious and socially responsible can be a real boon to a company.

“…If you think about that, you’ll do things differently.” Mr. B’s quote concludes.

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