In the recent transaction, Lloyd hired three of Eyrauds 12 former employees, bringing its total work force to 20 people. He moved Lloyd Industries to Spokane in 1994, and Eyraud moved to Cheney about a year later, he says. In the mid-1990s, Crow bought the pizza-pan portion of Eyrauds business. Three years later, Crow says he began selling Eyrauds pans to other companies. In 1986, he founded Lloyd Industries and worked as an independent sales representative in San Diego, Calif. He projects sales will be between $3.5 million and $4 million this year, attributing much of that expected growth to the acquisition of Eyrauds assets.Ĭrow says he got into the pizza-pan business through a connection to Paul Eyraud Co. The company has grown from sales of just under $1 million in 1997 to $2.5 million last year. Lloyd sells its products mostly to pizza-chain outlets across the country, including Godfathers Pizza, Roundtable Pizza, and Dominos Pizza, Crow says. The equipment acquired in the sale will allow Lloyd to create new productssuch as custom cookie cutters, which Crow says, for example, could be made in the shape of college logosand expand into new markets, selling both retail and wholesale bakery products.

It will continue Eyrauds former product lines, but under the Lloyd Industries brand, Crow says. Lloyd Industries designs, manufactures, and distributes aluminum pizza pans and several items of pizza-making equipment, such as dough rollers, pizza cutters, and rolling carts, and custom-makes some other metal products, such as covers for outdoor electronics equipment. He declines to disclose the terms of the transaction. The transaction will allow Lloyd Industries to expand its market reach and increase its sales by an estimated 30 percent, says John Crow, the companys president. Lloyd Industries Inc., a Spokane-based pizza-pan and equipment maker, has bought the assets of Paul Eyraud Co., a Cheney business that made commercial baking products and Martha Stewart Living-brand baking pans.

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