Foulke Realty, LLC

maptech

FOULKE REALTY, LLC: MAPTECH PACKAGING, INC. AND
CHAMPION SYSTEMS, INC.
GUY FOULKE
145 DILLON ROAD
HILTON HEAD, SC 29926
(843) 342-5900

After 20 years of being employed in the food packaging industry, Guy Foulke decided it was time to open his own business to provide the same consulting services he had been providing – this time, though, the profits would come to him instead of a large corporate conglomerate. So, with that thought in mind, Guy opened Champion Systems, Inc. in 1993 to provide consulting services to businesses that utilize food packaging equipment as well as to facilitate a company’s acquisition of the actual equipment. Champion Systems, Inc. did so well that, in 2000, Guy formed another company, MapTech Packaging, Inc., with the mission of exploring and testing new ways to package perishable foods. Since inception, MapTech has successfully obtained patents for their innovations in machinery and equipment used in food packaging. Since both businesses are owned and operated by Guy, they were housed in the same building – at that time, a small unit in a local strip center.

Fiscal year 2002 saw tremendous growth for both businesses. So much so, Guy found himself in a position of needing a larger facility and needing it immediately if he planned to keep up with orders and customer requests. By the end of 2002, Guy had located the perfect building for the businesses – one that had sufficient office space, warehouse space, and refrigeration capabilities. Armed with a purchase contract, Guy contacted his banker about financing options. The bank, South Carolina Bank & Trust, suggested Guy utilize the SBA 504 loan program and put him in touch with SBAC. Guy’s SBA loan was approved and closed in early 2003 giving Guy the opportunity to move into the new, larger building and take advantage of the growth spurt both businesses were experiencing.

Guy has filled the building with additional employees, machinery, equipment, and products. In fact, Guy has already managed to completely fill the whole building with these two successful businesses.