back_arrow_icon
Blog
Letter from the Chairman of the Board, Bill Miller
Letter from the Chairman of the Board, Bill Miller

Today, the successful acquisition of PSA marks another milestone moment in PLI’s history. One cannot help but reflect on our past as we take yet another major leap forward into our future.

PLI, Inc. was started twenty-eight years ago by an Asheville, North Carolina retiree, who sold plastic keycards for a new, innovative lock system from his basement office. Today, with the purchase of PSA, PLI is a $175,000,000 sales and manufacturing company employing over 1,000 people with production plants in North Carolina, Nevada, Missouri, and Illinois.

Despite nearly two decades of economic headwinds, which has closed or relocated thousands of American factories and eliminated millions of manufacturing jobs, PLI has experienced nearly a twenty percent compounded rate of growth year over year. Credit for such an exceptional performance by a non-tech company during this era goes first to Mark Goldberg, who for fifteen years as General Manager had the vision, determination, and work ethic to withstand many early challenges to build the foundation of a solid, successful company. And then to Peter Krauss as CSMO and now current CEO and President, who has been the driving force in expanding and diversifying the company’s product mix into gift, loyalty and membership cards. In addition, he has negotiated long term hospitality contracts, identified, then negotiated three game changing acquisitions—all of which have propelled the company to its current position as the dominant industry leader.

As Peter has said many times, “Being the biggest is a lofty goal more easily achieved than being the best.” I have no doubt we are and will continue to outpace the economy, outpace our industry, and be the best at everything we do. As we look towards the future, I urge you to follow his lead, work as a team and stay focused on the bright future ahead of our company.

William Miller

Chairman of the Board

Recent

small_phaserBeamLinebottom

LAS VEGAS, NV – June 5, 2025 - PLI hosted its first Town Hall of 2025 at both Las Vegas facilities.

6 Jun 2025

Gift cards have become an essential part of the retail and corporate gifting experience. To maximize their impact, businesses need more than just a simple rack or countertop placement.

2 Jun 2025

At PLI, we are committed to delivering best-in-class solutions that help our hospitality partners shine.

21 May 2025

In today’s fast-paced business world, finding the perfect gift, especially at the last minute, can be a daunting task.

19 May 2025

For the second year in a row, PLI is spending millions in capital to increase its G&L manufacturing capacity with the addition of a brand-new Bobst and an additional Pack-Smart machine. With the addition of these machines, we are not only ramping up our

13 May 2025

Gift cards are more than just a convenient way to give a present—they’re also an effective strategy for businesses to attract and retain customers.

12 May 2025

Gift cards have become one of the most versatile and appreciated gifting options in both personal and professional settings.

5 May 2025

LAS VEGAS, NV – April 21, 2025 - Who says the Easter Bunny only visits homes? This year, it made a special stop at the PLI Las Vegas Facilites and brought a basket full of fun with it!

21 Apr 2025

Newsroom

small_phaserBeamLinebottom