Aug. 10, 2007 - Bimco Corp.'s Howard Schambach Dies At 86
From 1960 to 1964 he served as manager of plumbing products for Crane's PHAC group in Johnstown, PA. In 1964 he left Crane to join Atlas Supply Co. in Winston-Salem as general manager/plumbing sales. He served as vice president at Atlas from 1967 to 1973.
He began working for Bimco Corp. in September 1973 and with his business partner, Allan May, purchased the company in 1974. At the time Bimco was operating at a loss, but Schambach and May turned the business around within a year. Schambach served as president, treasurer and sales manager, while May was vice president, secretary and credit manager.