Google+

TenPoint — 20 Years of Exceptional Crossbow Manufacturing

 

TenPoint — 20 Years of Exceptional Crossbow Manufacturing

Made in the USA.

It’s a slogan well-known and oft repeated by Americans, who understand the sentiment not as a political slogan but in a patriotic spirit that is alive and well in Mogadore, Ohio, where TenPoint Crossbow Technologies is celebrating its 20th year as an entrepreneurial wonder of the outdoor industry.

Mogadore is where Rick Bednar, a veteran field archery champion and US Olympic athlete, set up shop and now heads the multi-Lifestyle4_1_1million dollar empire that lays claim to dozens of patents and a manufacturing facility that has fueled unprecedented growth in an industry that was in its infancy a decade ago. That empire also includes Wicked Ridge Crossbows, a subsidiary of the TenPoint brand that targets the entry-level market in a highly competitive business.

TenPoint today is a remarkable testament to Bednar’s vision and his steadfast desire to not simply be a part of a cottage industry but to lead it through quality engineering, innovation, high performance, and safety improvements. It’s a vision that actually began in the 1970s, when Bednar traveled the world as a member of the USA Pan Am, World Target and World Field Archery teams, and when he competed and won three NCAA Championships at the University of Akron and qualified for the 1976 Olympic Team. It’s a vision fostered by his parents, Archery Hall of Fame member Bill Bednar and his wife, Edith, whose Portage Archery Center was headquartered in Suffield, Ohio.

Rick and his sisters, Cindy and Joanna, grew up in an apartment adjoining the pro shop of Portage Archery, which still operates today as Hunter’s Outlet Archery Center and is a division of TenPoint Crossbow Technologies. After graduating from the University of Akron, Bednar worked for two years as director of new store expansion for the Cole National Corporation, then bought the family business in 1981. After adding a wholesale distribution business called PAC Distributing to the retail operation, Bednar garnered the interest of British entrepreneurs who wanted a national sales and marketing organization in the States to import and sell a line of crossbows designed by British custom gun maker Bernard Horton.

Thanks to Bednar’s efforts, which included convincing the Brits to move their manufacturing facilities to Mogadore, the Horton brand grew into a $4.5 million business in the six years he was its chief operating officer. In fact, Stark County, Ohio, named Bednar its New Entrepreneur of the Year in 1990.

But a stockholder dispute — Bednar and another investor, George R.  Gardner, an Easton Aluminum Top-Ten Arrow distributor, wanted to invest the company’s profits back into the company while the majority of Horton’s partners wanted to distribute them — Venom TP107_Processedled to Bednar’s departure from Horton. After waiting a year to satisfy a non-compete agreement, Bednar and a small group of investors launched Hunter’s Manufacturing in 1994, when the crossbow industry was small and dominated by the well-established Horton name. In 1995 Horton executives filed a complicated lawsuit designed to occupy Hunter Manufacturing’s operating capital and keep the fledgling company on the sidelines. It didn’t work. By the end of 1998, a moneyless settlement forced Bednar to change his company’s trade name to TenPoint Crossbow Technologies.

Despite the challenges, Bednar led his young company to double-digit growth in each of its first five years, and by 2002 when a pair of southeastern states joined three others in eliminating restrictions on crossbows during archery deer seasons, TenPoint was poised for tremendous growth. In the ensuing years 15 more states followed suit, allowing Bednar to increase his business from 20 employees to 100.

TenPoint has been issued 31 patents in the United States and two in Canada, with 19 more pending, far outpacing the technological reach of its competitors. Things didn’t go so well for Horton Archery, and just last year TenPoint purchased selected portions — machinery and equipment, trademarks, patents and licenses — of the bankrupt company.

Today, ‘Made in the USA’ is more than a slogan at TenPoint Crossbow Technologies. Rick Bednar joins his two sons, Phil and Steve, two sisters, and his nephew in designing, building, testing, marketing and selling crossbows with one goal in mind:  to be a world-class manufacturer of products that are recognized as an industry standard for safety, precision engineering, durability, performance and power.

 

,

Entertainment

Justice Denied Documentary Chronicles Racist Targeting of Chinese-American Bank

  Abacus: Small Enough to Jail Film Review by Kam Williams Justice Denied Documentary Chronicles Racist Targeting of Chinese-American Bank Asian-Americans are often referred to as the "model minority" because of their  success in the U.S. despite the existence of discrimination which has crippled other ethnic groups. However, the label has also led many a racist to misread Asian modesty as an invitation to treat them like … [Read More its Good for You.....]

Books

Rising Star: The Making of Barack Obama

  Rising Star The Making of Barack Obama  by David J. Garrow William Morrow Hardcover, $45.00 1472 pages ISBN: 978-0-06-264183-0 Book Review by Kam Williams “Barack Obama's speech at the 2004 Democratic National Convention instantly catapulted him into the national spotlight and led to his election four years later as America's first African-American president. In this penetrating biography, David J. Garrow delivers an epic work … [Read More its Good for You...]

Art

The Day After the Day Of

  The Day After the Day Of by Paul Ilechko   The sky sheds its tears. This morning is the morning of the day after. The day of mourning, the day after the day of.  I beseech the sky to shed tears in order to wash away the tears on my face.   This is the first day of the time after. This is the beginning of a new time, the days of pain, the days of sorrow. We are in mourning. The sky looks down and sheds its tears for … [Read More its Good For You...]

Real Estate

History Being Sold to the Highest Bidder

  History Being Sold to the Highest Bidder by Amy Lignor   For the longest time, scientists and archaeologists have been confused and bemused by various discoveries they’ve unearthed that offer little or no explanation as to the who, what, and why of the people who created these things or left them behind. Even now, in 2017, there are discoveries being studied; stories that were once legends now have actual bits of proof being found that … [Read More its Good for You.....]

Lifestyle

Stunning Stenberg!

  Amandla Stenberg The “Everything, Everything” Interview with Kam Williams Stunning Stenberg! Amandla Stenberg first gained recognition for her role as Rue in The Hunger Games, alongside Jennifer Lawrence, Liam Hemsworth and Josh Hutcherson. After the success of that film, Amandla earned the 2012 Teen Choice Award with Jennifer for Best Film Chemistry. She was also nominated for NAACP Image and Black Reel Awards for that … [Read More its Good for You...]

Outdoors

Finding Bass During a Mixed Spawn Season

  Finding Bass During a Mixed Spawn Season Yamaha Pro Mark Davis Offers Two Solutions For Catching Bass This Spring Warmer-than-normal winter temperatures have shuffled bass spawning schedules on many lakes throughout the country this spring, but Mark Davis has seen it before, and the veteran Yamaha Pro knows just how to approach the problem. “With the milder winter, bass began spawning much earlier than usual this year so when a … [Read More its Good for You...]

Sports

A Sport Where You Feel the Thrill Without Going to the Extreme

  A Sport Where You Feel the Thrill Without Going to the Extreme by Amy Lignor   There are many sports “fanatics” out there who literally dive head-first into an extreme sport in order to get their adrenaline pumping – taking on a sport that comes hand-in-hand with a monumental amount of risk. But for those who are not interested in being scared to death, yet wish to feel the thrill, data has shown that zip lining has become the … [Read More its Good for You...]

Business

The Hottest Locales for Small Business in the U.S.

  The Hottest Locales for Small Business in the U.S. by Amy Lignor   No, Silicon Valley is not being replaced. However, with the Kauffman Foundation releasing its annual Startup Activity Index last week showing, in detail, trends in U.S. business startups for 2017, it was revealed that California has been booted out of first place. The top spot for new businesses to be built and thrive in the United States has been taken over by the big, … [Read More its Good for You...]

Travel

Once Upon a Time Vacations

  Once Upon a Time Vacations by Amy Lignor   Whether you are a lover of history or you simply have the “Beauty & the Beast” obsession – which, according to movie revenue data, millions all over the world are suffering from – just think how amazing it would be to stay in an actual castle. We already know what the beauty would be from the female perspective, but when it comes to the gentlemen out there, just think about how much … [Read More its Good for You...]

Green Living

Creating the Perfect Vegetable Garden

  Creating the Perfect Vegetable Garden by Amy Lignor   Many are still dealing with that wintery mix Mother Nature just loves to toss down from the sky this time of year. Yet, that gardener living inside the soul – the one just dreaming of the sunny skies and lazy rainy days that are must-haves in order to grow the best vegetables possible – is already jotting down the facts, tricks and tips they need to know in order to make that … [Read More its Good for You...]