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20 | 2020 SMALL BUSINESS SUCCESS AWARDS — NJSBDC 2020 Small Business Awardee NJSBDC AT WILLIAM PATERSON UNIVERSITY LBU, Inc. Jeffrey Mayer, President and CEO 7 Fourth Ave., # 33 Paterson, NJ 07524-1202 973-773-4800 NJSBDCs client, LBU, Inc., a Paterson-based manufacturing company that produces tote bags with corporate logos, has been assisted by the NJSBDC at William Paterson University (WPU) on a variety of business operational matters. Most recently, the company heeded the calls of federal and state officials during the initial outbreak of COVID-19 in March 2020. The company swiftly retrofitted its factory and began producing cloth face masks and gowns, which were in short supply for healthcare workers fighting the pandemic. As a client of the Center at William Paterson University (WPU), NJSBDC couldnt be any prouder that in a time of need and crisis when one of our networks clients was able to deliver personal protective equipment in New Jersey. As cited in a newspaper article, the company was able to repurpose quickly, the business did not have to lay-off employees, and the protective gear assisted hospitals, nursing homes and other medical workers in need. While the woven masks wont replace the high demand N95 masks, the product is still useful for local nursing homes, doctors offices and support staff in hospitals The company is located in Paterson, NJ, which has the nickname of Silk City due to its past tradition of textile mills and dye houses that are almost all gone. But, this firm has made its mark on history. LBU, Inc., President and Chief Executive Officer Jeffrey Mayer acknowledged the suppor t received from Deborah Hoffman, Director of Passaic County Economic Development and NJSBDC WPU Regional Director, Kate Muldoon. The SBDC was there for us in early March when all the shutdowns were taking place and we had just started making PPE items, masks, medical gowns and medical headwear when we were almost shut down The SBDC has been an extremely valuable resource for us in so many ways. Your team has helped us with great training, employment support, tax incentives, and terrific personal attention by always being there for us, in person and always being available when we need support said Mayer. Acknowledging the Regional Center Director, Kate Muldoon, Mayer stated that, This wouldve not been possible without you and your passionate and dynamic team 2012029 v2 NJSBDC 2020 Awards Book_TEXT.indd 18 12/10/20 3:24 PM

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