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Entrepreneur honored as captain of industry
Bradley Trustee Raj Soin recognized by Institute of Industrial Engineers
RAJ SOIN, MSIE ’71 is the recipient of the Institute of Industrial Engineers 2009 Captain of Industry Award. The award honors noteworthy leaders who have used industrial engineering methods to generate significant success in their company, who demonstrate leadership at a national or international level, and who also identify the IE profession as a key reason for their success.
Dr. Joe Emanuel, associate dean of Bradley’s College of Engineering and Technology, said he nominated Soin, founder, chairman, and CEO of Soin International, headquartered in Dayton, Ohio, for a variety of reasons. “Raj is a unique human being. What he has done to develop and use his resources puts him in a category by himself. He found shrewd ways to utilize his industrial engineering background. He worked hard to develop a visionary business philosophy that has enabled him to eventually take entrepreneurial business ideas, incubate them, and grow them into profitable entities. No one handed Raj and his wife, Indu, anything.”
The Soins are truly an American success story. After earning his degree in mechanical engineering from Delhi University in 1969, Soin left India to pursue a graduate degree in the United States. With a small sum of money in his pocket, he landed at Bradley University, where he earned his master’s degree in industrial engineering, while also working as a research assistant.
“I found Bradley provided students with the opportunity for much more one-on-one time with their professors, and the professors maintained ongoing communications with their students long after graduation,” Soin said.
In 1971, he returned to India to marry his childhood sweetheart, and the couple soon left for the U.S. where Soin began his career as an industrial engineer with Firestone Tire and Rubber Co. and worked there for the next seven years. He later joined Williams International as a manager of corporate systems, and in 1984, the couple founded Modern Technologies Corp. (MTC) in Dayton with the goal of providing engineering and technical services to the Department of Defense. When MTC was sold to BAE Systems 20 years later, it was Ohio’s largest defense contractor, with 3,000 employees in 40 locations nationwide. Soin credits his dedicated, talented workforce for the success of his many and diverse business ventures.
Under his leadership today, Soin International, a holding company for several privately owned companies in 32 locations worldwide, provides strategic management, administrative systems, and financial support to a diverse group of subsidiaries and affiliates that focus on software development, plastics manufacturing, metal manufacturing, cotton dying, land development, and more. In keeping with Soin’s entrepreneurial spirit, the company annually sponsors the Soin International LLC Award of Innovation to identify, honor, and financially assist an entrepreneurial company in the Dayton area that demonstrates the historical spirit of the hometown of the Wright brothers.
Soin continues to nurture his community through a myriad of venues, finding ways to improve lives in the Dayton area, a city he has called home for almost 30 years. Wright State University showed its appreciation of the Soins’ benevolence by naming its business college the Raj Soin School of Business in 2000, honoring Soin with the first college in the country to be named for an Asian American. Additionally, thanks to the Soins’ lead gift, a new pediatric trauma and emergency center at Dayton’s Children’s Hospital will be named the Soin Pediatrics Trauma and Emergency Center later this year.
Although the Dayton area has been a major beneficiary of Soin’s philanthropy, he has also honored his father’s memory by building the Sukh Dev Raj Soin Hospital in India.
The recipient of numerous national and international honors, Soin was named a Bradley Centurion and Distinguished Alumnus in 2004. He is a member of the Bradley University Board of Trustees. He and his wife are also members of the University’s Renaissance Circle Society that honors individuals, corporations, foundations, and estates giving $1 million or more to the Campaign for a Bradley Renaissance.