| Cover Story |
| Columns |
| Hague Quality Water International |
| Profile | |||
| By Fernie Tiflis | |||
| Tuesday, 22 September 2009 | |||
![]() President Bob Hague says HQWI’s focus on residential water treatment has helped it succeed.
Because clean, drinkable water is a necessity to live, Hague Quality Water International’s (HQWI) products will always be in demand. However, it is the company’s constant commitment to manufacturing high-quality products that helps this Groveport, Ohio-based firm compete in the industry. For more than 50 years, HQWI has been manufacturing residential water treatment equipment for a variety of markets around the world. “We manufacture point-of-entry residential water treatment products,” second-generation owner and President Bob Hague explains. “Our company’s products remove high levels of minerals, iron, sulfur and other undesirable contaminants found in the water.” HQWI supplies its products to three market sectors: independent dealers specializing in water treatment; big-box stores such as Home Depot and Menards; and a variety of channels throughout the world such as big-box retailers in Russia, plumbing wholesalers in Italy, bakers and hairdressers in France, and water treatment specialists in Europe, Asia and Africa. In addition, being family owned has been an advantage. “We have been under continuous ownership for the last 50 years,” Hague stresses. “Many of our competitors have been purchased several times and that, I believe, inevitably causes them to shift focus and that’s disruptive.” As a family owned firm, HQWI doesn’t experience as much pressure as its competitors. “It allows us to take a very long view of things,” Hague continues. “We can make – and have made – business decisions that essentially had no profits, but knowing that in the long-term, they were the correct decisions. I am not under any pressure to maintain shared stock dividends.” He believes the company’s customers enjoy the family atmosphere, as well. “Our customers like the fact that they can call us and speak to someone that has the same name as the business,” Hague states. “They like that the principals can be closely identified with the business.” “My products may cost more, but customers feel that we deliver enough value, and that is worth paying more for a product,” he states. In addition, because all of Hague Quality Water International’s products are manufactured in its Ohio facility, the company can’t always compete with its biggest cost competitor – China. However, Hague believes that U.S.-made products have better acceptance in the market. “People will pay more if they feel like they can get more,” he explains. “In fact, the fastest-growing segment for our company is international sales. That is because we offer products that are more technologically advanced than most of our competitors, which allows us to export products mostly to Europe and to Asian countries, as well.” Quality continues to take the front seat in today’s market, regardless of the industry, Hague maintains. “The fact that we’re growing shows that U.S. companies can still compete,” he stresses. “You just have to work hard at it. [Customers] know that we don’t take short cuts.” “We encourage the next generation to work for other companies for five-plus years prior to coming to work here,” he states. “It’s important that they bring more to the business than just having the correct last name; they need to earn the respect of the people who work here.” Hague adds that he wants to continue to be a market player despite overseas competition. “I will never be the cheaper [manufacturer], nor we want to be so, but there will always be the people who want superior products, and I want to be the one to deliver that,” he says. |
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