Early Life
Donald Friese was born on October 3, 1940, in York, Pennsylvania. He was the third of thirteen siblings. Growing up in humble beginnings, Friese's early life instilled in him a strong work ethic.
Rise to Success
After serving three years in the U.S. Army as a missile mechanic, Friese moved to Los Angeles with $125 in his pocket in 1961. He began his career at C.R. Laurence Co. as a warehouse worker. Friese gradually acquired equity in the company, eventually becoming its sole owner in 1997. Under his leadership, C.R. Laurence grew to become the largest supplier to the glazing industry in the U.S., with over 65,000 products and 40 locations. Friese expanded the business by acquiring competitors and establishing manufacturing operations.
Key Business Strategies
Friese's business acumen was instrumental in the success of C.R. Laurence. He focused on expanding the company's product line, acquiring competitors, and building a strong reputation within the glass and glazing industry. He also invested in his employees, fostering a culture of recognition and reward.
Philanthropy
In 2015, Friese sold C.R. Laurence. A remarkable aspect of this sale was that Friese shared $86 million of the proceeds with C.R. Laurence employees. Friese and his family give generously to the community through their Friese Foundation, assisting organizations such as the Salvation Army and the American Red Cross. The Friese Family Foundation gave $50 million for a new hospital tower at Providence Cedars-Sinai Medical Center in Tarzana in 2021.