Executive Summary
Delaware Valley Corporation
manufactures non-woven fabrics using carded, dry-laid webs which are finish
through the processes of needle punching, thermal-bonding, latex coating, or a
combination of these processes.
The company is a family owned business headquartered in Lawrence, MA and operates two
production facilities; one at headquarters and one 15 minutes away in
Tewksbury, MA. D. Paul DiMaggio Jr., who is President and oldest son of its
founder Dom DiMaggio remains
the only active family member in the business.
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In 1953, Dominic DiMaggio, resigned from his position as
Center Fielder of the Boston Red Sox, and he immediately joined forces with two
partners, founding the American Latex Fiber
Corporation, located at Lawrence Massachusetts in the Merrimac River
Valley. |
Dom DiMaggio
Boston Red Sox
(click to enlarge)
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They created the business to produce padding for ammunitions
packaging, boxcar insulation, and subsequently furniture and mattress padding.
The product was rubberized curled hog and horse hair, produced on State of the
Art Non-woven machinery. In the late
1950's, Dom DiMaggio bought out his partners. Soon thereafter he moved
into production of seat padding for the automotive industry. In 1961, he
stepped into the breach after a catastrophic fire disabled a Pennsylvania
based company by helping them to meet their contract to supply General
Motors Fisher Body plants. That same year, Dom DiMaggio purchased
the remaining assets of the fire ravaged company and created a new
corporation, naming it the Delaware Valley Corporation in honor of it's roots
in the Delaware Valley of Pennsylvania.
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Dom DiMaggio
Sitting behind his desk at
Delaware Valley Corp.
(click to enlarge)
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The New Company focused on products
for the automotive industry. In 1983, the American Latex Fiber
Corporation and its upholstery lines were absorbed into the Delaware
Valley Corporation. In recent years, the company has broadened its product
line into many new markets and remains a leader in practical innovation.
Today, the product line includes products for the Medical, Roofing,
Flooring & Matting, Marine, and Recreational Vehicle (RVs)
industries, but has remained focused on automotive applications; which account
for over 50% of sales. |
D. Paul DiMaggio, who is Dom
DiMaggio's eldest of three children; came to his father's business in
1978, having already obtained his BA from Brown and MBA from Boston
University.
