TLMI Converter of the Year

A Pittsburg, CA, native, Bankson graduated from San Francisco State University in 1960 with a B.A. in business administration/marketing. After spending more than 20 years in other people's converting businesses, Bankson and his 18-year-old son, David, decided to open their own pressure-sensitive label company, Label Technology. That year the company's gross sales were $285,000, which to date is the only year it did not turn a profit. By 1993, the company had made Inc. Magazine's list of the Top 500 Fastest Growing Privately-Held Companies two years in a row.