Being squeezed out of a job by forces way beyond one's control can be a crushing and deflating experience for many. But it can also be the proverbial opportunity in disguise for ambitious and energetic entrepreneurial types like Stephane Cote, founder and president of Solutech Packaging Systems in Richmond, Que., a one-hour drive northeast of Montreal. Once a long-time employee and shareholder of a thriving family-owned stretch-wrapping equipment manufacturer Wulftec International, Cote found himself on the sidelines soon after the Quebec company was acquired by a big overseas packaging machinery conglomerate M.J. Maillis Group back in 2002-ultimately resulting in the usual management restructuring and downsizing that such takeovers inevitably entail.
展开▼
