In this podcast episode, Harold King, President of the Council of Industry, sits down with Rachael Parker, President of Fair-Rite Products, Corporation.
In this episode, Rachel starts by sharing insights into the company's origins and evolution, with a rich family history dating back to 1952. Rachel's father, an English lit major with a knack for electronics, founded Fair-Rite Products, pioneering the use of ferrite, a ceramic electronic component crucial for electromagnetic interference suppression in countless electronic devices. Rachel sheds light on the company's role in various industries, from automotive to medical, and the significance of ferrite in today's tech-driven world. As Rachel assumed leadership, she navigated a transition plan, emphasizing empowerment and streamlined communication within the organization. Her diverse background, including roles at 3M and Oracle, has equipped her to steer Fair-Rite Products toward continued growth and innovation. Amidst global challenges and shifting landscapes, Rachel discusses strategic decisions, including the establishment of manufacturing facilities in China and the company's resilience amidst geopolitical tensions. With a focus on continuous improvement and new product development, Fair-Rite Products remains poised for success in the years ahead. Tune in to gain insights into the dynamic world of electronic components and the visionary leadership driving Fair-Rite Products forward.
For more information about Fair-Rite Products, Corporation. check out their website at fair-rite.com.
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The Council of Industry has been the manufacturer’s association of the Hudson Valley since 1910. We are a privately funded not-for-profit organization, whose mission is to promote the success of our member firms and their employees, and through them contribute to the success of the Hudson Valley Community. For more information about the Council of Industry visit our website at councilofindustry.org.
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