New owners have big plans for cable installation co.
TRAVERSE CITY – On July 16, Randy Thomas and Brad Anderson purchased IKON, a cable installation company in Traverse City.
Thomas serves as the company’s president and Anderson as secretary. After the sale of IKON was completed, the partners assumed the name of IKON Construction, Inc.
IKON was originally organized by Ken Fosmore in April of 2004. At that time, IKON purchased the contracts and equipment from Davis Electric, Inc. for its underground and aerial phone copper cable and fiber cable installation division.
Even prior to the purchase of the company, Thomas and Fosmore had a long-standing relationship; Thomas played basketball with Fosmore’s two sons at Glen Lake Schools and has worked with Fosmore professionally for the past 10 years.
The two first worked together at CenturyTel and after Fosmore retired in 1998 he went to work for Davis Electric overseeing the phone and fiber installation group. At the same time, Thomas was working for a division of Davis called TerraCom Inc., a technology installation company.
In 2001 Thomas’ brother, Doug, formed Thomas Communication Services, Inc. (TCS) and also bought the assets of TerraCom from Davis Electric. A man that wears many hats, Thomas also serves as Vice President of TCS.
Thomas has the background to make IKON a success. He has 10 years of experience and is a Registered Cable Distribution Designer for inside and outside plant LAN and WAN design. Thomas is one of only 10,000 in the entire United States to reach this certification. He has also worked nationally as a contractor for AT&T and in New York City for companies such as United Health Care, Merrill Lynch, Stanley Tools and Mercedes Benz’ Freightliner Division.
Lately, he has worked locally as a consultant doing technology design and implementation with many of the Northwest Michigan public schools, such as TCAPS and TBA, and also with many commercial businesses within the northern Michigan area.
IKON’s customer roster is already pretty impressive; their main customers are CenturyTel of Michigan, Ace Communications of Mesick and Kaleva Telephone. The company is currently working on setting up contracts with communications giant SBC, as well as others.
Thomas and Anderson have big plans for IKON and are currently looking at growing installation services, which include cable plowing, directional boring copper cable splicing, fiber fusion splicing, aerial fiber and copper line and pole construction.
Thomas says, “IKON has been successful for a small company with 10 employees. Brad and I would like to see IKON grow as opportunities present themselves for us to buyout or merge with other companies in the area that are in the same line of work. We look forward to those challenges.”
IKON is currently meeting 2004 projections and has set a goal to double their size within the first five years by offering customers a complete package of services for LAN and WAN design and installation for both inside and outside of the building structures. Reach them at 258-7041. BN