Working together from the beginning
“Our relationship with Synovus started with a loan to launch the business,” says Mike Lawson, president of Central Drill Parts & Machinery in Jasper, Alabama. “Now we’re international, and what began with three people has grown to provide jobs to dozens of others.”You might go to Central Drill Parts to replace the blade on your John Deere lawnmower. Or to fix your rotary blasthole drill rig, or to have your cotton picker’s lubricator transfer pump repaired. It’s the kind of company that can supply a wide range of new and reconditioned hardware items for both home and industrial needs.
According to President Mike Lawson, Central Drill started in 1987 as a source of parts and service for coal drillers. Its bank, then and now — Synovus.
"Our relationship with Synovus began with a loan to launch the business. Now we’re international, and what began with three people has given jobs to dozens of others."
Financing has enabled the privately held firm to diversify into other industries and other markets in Central and South America. Its customers now include quarry excavators, water well drillers, road builders, mine operators, and forestry managers—even the U.S. Department of Defense.
The company’s growth has also fostered friendships between Mike and his Synovus personal bankers. “If we have problems or questions, we go to Leigh Ann Rotter for advice,” Mike says. Because of the long relationship, even complicated issues can be resolved in a few meetings.
Most important of all, Mike strongly believes—as we do—that business success is about what you give, not just what you make. He’s proud to note that the firm provides more than a dozen quality jobs to the local labor force. By his rough estimate, Central Drill Parts & Machinery has also contributed over $90 million to the community so far.
There’s a saying about mighty oaks and little acorns. If your business is an acorn wanting to grow, get in touch with a bank who’s ready to help it happen. Please stop by a Synovus location near you and talk with us. We're here to help your business reach new heights.