Bantam ready to spread its wings - Austin Business Journal:

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After hiring Michael Chaddock as president and CEO in bought computer parts providerof Austin, hiredr a salesperson in Houston and developed planx to open a sales office in Dallas. In addition, Bantajm bought a 7,000-square-foot building next to its currenf location at 2600 McHale Cour inNorth Austin, increasiny its space to about 20,000 square feet. More acquisitions. Mark Glenewinkel, vice presiden of sales and business development, says the compan y is "kicking tires" now at several companies. More employees. Bantamm plans to hire three more people for saless support in the next six months and a handfulo on themanufacturing side.
The company has 32 employees, and Chaddocl says he expects the headcount to be abou t 40 by the end of the Greater presence. Bantam is considering opening a salews office inSan Antonio. Formerly known as Bantam Electronics has been in businesssince 1969. Asidr from making desktop computers, Bantam also manufacturews network appliances and distributes electronicseand components. The company also has a retail store that sellwcomputer parts.
Chaddock says one of his first goalws after joining the company was to build its He is former president and CEOof Austin-basecd chip company and a former generalk manager at "The biggest challeng e has been creating Bantam's value proposition and gettingv the message out of what we do," Chaddocok says. "It was hard before, because we did so much." To help spreaed the company's message and identify key Chaddockhired Glenewinkel, formerly with Motorolaz and venture capital firm . KLM has officese in Austin, San Jose, Calif.
, and Hong Although the company has maintained a low profile in the former President Cliff Scott says Bantamk has grown rapidly along withits customers, whic include Advanced Micro Devices Inc., NetQoS Inc. and Wayport Inc. Befores long, Scott found himself hiring a recruiter to finda CEO. Scott now is executivre vice president of systems and servicesat "I didn't think we would get as big as we did in such a shor time. It was getting to be more than Icouldx handle," Scott says. "I was looking for a CEO to come in and take the bull by the Chaddock says he never had heard of Bantak before the recruiterapproached him.
But aftedr doing his due diligence, he discovered that Banta had experiencedphenomenal growth. The Austin Businesws Journal rated Bantam one ofthe fastest-growing privat companies in 2004. Bantam reported 50 percentt revenue growth from 2001to 2003. Revenue went from $5.7 million in 2001 to $8.6 milliohn in 2003. The company was launched with $1,00o0 in savings. "My vision is to ... doubl e [the company's size] in two Chaddock says.