DAYTON, Tenn. – Since taking over the formerly bankrupt Majestic Stone operation here in 2016, Patrick Wells has helped the company more than quadruple sales of the mountain stone that the business ships across the country.
That’s not bad for someone who admits he knew little about mining and selling stones before Alderman Holdings acquired the business in the fall of 2016 and named Wells as CEO. But Wells, who earned an MBA from Samford University, didn’t know a lot about either of his two previous business ventures in the legal outsourcing and auto salvage businesses.
Wells said he was able to grow Majestic Stone by investing in new equipment used in the seven leased quarries atop Dayton Mountain where the company gets its product and by making improvements in the stone-cutting facilities here. Wells also has improved the sales network across the country by focusing on selling and serving more than 100 distributors of the mountain stone throughout the U.S.
With such upgrades, the Dayton business has been able to capitalize on the growing housing and remodeling market, which remained strong even through the COVID-19 pandemic.
But Wells is focused on finding even better ways to connect with and serve customers.