Businessman wins Republican award
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Karen S. Kim
BURBANK -- Burbank businessman Govind Vaghashia knows what it’s like
to run several businesses at one time.
The Burbank resident owns and manages Travelodge and Quality Inn in
Burbank, as well as Chatsworth-based Graphics Research Inc. He still has
a hand in Delta Circuits Technology in Van Nuys, a company he formerly
owned.
Vaghashia’s business success has gained him the title of 2001
Businessman of the Year, awarded by the National Republican Congressional
Committee.
“The award recognizes the top U.S. business leaders who have
successfully integrated business and financial success with the support
of Republican issues like tax cuts and debt reduction,” the committee
released in a statement.
Vaghashia serves on the committee’s Business Advisory Council which
provides support to congressmen for putting together a pro-business
agenda.
Though he’s lived in Burbank since 1973 and has owned and operated the
two hotels here since 1976, Vaghashia spends most of his time these days
managing Graphics Research.
“I diversified my portfolio when hotel industries were not doing too
well,” he said. “I bought Graphics Research when it was on the brink of
closing its doors in 1999. We turned it around, hired all the top people
and are now a $6-million business.”
Vaghashia’s former company, Delta Circuits Technology, a small,
10,000-square-foot operation, manufactured five parts for the Mars
Pathfinder. Graphics Research, a similar company that manufactures
electronics for the military, is a 45,000-square-foot facility.
“My brother is the vice president and an electronics engineer,”
Vaghashia said. “I manage it. Both our expertise in each others fields
have made this a success.”
But Vaghashia said no matter how much success he has in the
electronics business, he could never leave his interests in Burbank.
“I love it because I like people,” he said. “It’s the hotels where you
meet different people. And I love Burbank. It’s a beautiful place to
live, and it has put me where I am now.”