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Dajcor Aluminum | 3

Failure is only a short-term condition, and fortunately, it of-

ten fosters more sustainable success. As Author Denis Wait-

ley once observed, “Failure is only a temporary change in

direction to set you straight for your next success.” In the

case of one Ontario-based metal engineering operation, such

changes in direction have not only inspired an increased ca-

pability to compete, but also greater capacity for claiming

further future success.

Though Dajcor’s corporate identity

was only established some three short years

ago, operations at its site actually com-

menced more than seventy years ago under

the auspices of a company formerly known

as Daymond Aluminum. Daymond thrived

throughout many, if not most, of its years,

but late in life, failed to endure following

operational follies which can be likened

to putting too many eggs into one basket.

Daymond was heavily vested in supplying

a particular product line for an automotive

manufacturer. As fate would have it, the

manufacturer ceased production of the vehi-

cle line and Daymond lost much of its busi-

ness. As sales dwindled and bills mounted,

Daymond ultimately went into receivership

and more than a hundred workers prepared

to lose their jobs. The situation posed a grim

economic blow to the community.

February 2019 |

Business World Magazine