family business, starting with a summer
job at age 13 painting the outside of the
factory with a two-inch-wide brush, he re-
called. “That was my indoctrination into
the business.” He went on to gain formal
training as a general machinist at Cones-
toga College in Kitchener, Ontario, did
his apprenticeship and assumed an own-
ership share of the business in 2010. By
2012, Ted’s father was ready to retire and
Ted was appointed president in 2012.
Conveniently located on the Highway 401
corridor, Wallbank supplies springs, bolts
and wire formings to companies in the
automotive, agricultural and industrial sec-
tors. Known for their high quality products,
flexible production runs and short lead
times, the business provides jobs for 28
employees. Bolts are sold through Bolts
Unlimited, a division of Wallbank Manu-
facturing, which was launched in 2012.
Many of their clients are Tier 1 automotive
“Nobody cares about the parts we make until they don’t work. If you take one
spring that we sell for your automatic transmission that’s worth less than a cent,
less than one penny a piece, and if that spring were to fail, you are going to have
to load your car on a tow truck and walk home.” Ted Wallbank, President
JULY 2015
H
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