The announcement was made by Morcon founder, president and CEO Wayne R. Morris, who established the business in 1987. Morcon serves the Away-From-Home commercial, food service, healthcare and industrial markets. The company employs 120 people at its Great Falls, SC, location and 85 people in Cambridge, NY, where the business is headquartered.
Mr. Raccuia said Morcon’s two locations are strategically located to service the eastern U.S. and key portions of the Midwest, although there are customers nationwide. His long-term plans envision additional locations to grow business in the central and western parts of the country.
In the immediate future, Mr. Raccuia said, his priorities are to meet with Morcon’s employees, customers and key suppliers, and begin building a go-to-market strategy that anticipates and exceeds customer expectations and capitalizes on the company’s strategic strengths.
Morcon founder Mr. Morris, said “Morcon has been my family’s life for nearly three decades, but now is the right time for me to move. I could not have found a more qualified or interested buyer than Joe Raccuia, and would not have entrusted this business to anyone with lesser credentials or enthusiasm. Joe has a great vision for growing this business, and tremendous contacts within the industry to help him reach his goals.”