Financial Assistance Leads to Increased Production Capacity
5 Generation Bakers specializes in the manufacturing of gourmet cinnamon swirl breads and other specialty round shaped breads.
The Baker family has been baking for Pittsburghers for over 135 years. Family traditions began in 1875 when Michael A Baker started the 7 Baker Brothers Bakery in the West End. Years later in 1938, Michael’s grandson Paul Baker opened Jenny Lee Bakery in Market Square. Challenges forced both bakeries to close their doors with 7 Baker Brothers in 1943 and Jenny Lee in 2008. Out of a desire to continue in the Baker Family baking traditions, 5 Generation Bakers was founded by Scott Baker in June 2009 as a commercial manufacturer of gourmet cinnamon swirl bread.
After building the business in the original location in McKees Rocks, 5 Generation Bakers was forced to move due to the CSX expansion in McKees Rocks. They were able to identify a perfect candidate property in the former Bottom Dollar Supermarket on Chartiers Avenue and began the expansion project. While sales have continued to grow more than 10% each year, they were challenged to meet the increased financial demands of the newly renovated facility.
Catalyst Connection offers Financial Services including: assessments, advice, counseling, consulting, and referrals. Manager of Financial Services, Art Tintori, assisted 5 Generation Bakers with obtaining a loan for $125,000.00 through the Manufacturing Technology Loan Fund (MTLF) to increase the bakery’s production capacity. With additional equipment, 5 Generation Bakers is now able to keep pace with demand.
“Our niche bakery business has been successful in finding new customers and opportunities to keep revenue and production growing. Art Tintori from Catalyst Connection was instrumental in helping us acquire necessary funds for additional equipment and working capital as we settled into our newly renovated bakery facility.” — Scott Baker, President, 5 Generation Bakers