Lyle Snyder started Snyder Industries, Inc. as an undergraduate in 1973. Over the next 23 years he built Snyder Industries into the world’s leading manufacturer and distributor of valve spring booster shims and valve seat inserts. Snyder Industries supplied these parts throughout the world to internal combustion engine remanufactures, from the small 25 HP golf cart motors to the 1200 HP train locomotives to the Continental and Lycoming aircraft engines to the VERY large engines that are used in the super tanker ships. Lyle Snyder developed many proprietary manufacturing technologies and was granted patents in metallurgical alloys and powder metal processes.
Snyder Industries was sold to a publicly traded company in 1996. Mr. Snyder remained active as a business and engineering consultant focusing mainly on Western European engine rebuilders until 2001 when he chose not to renew those contracts.
Mr. Snyder was a founder of Pacifica Bank, formed in late 1996. Mr. Snyder became Chairman of Pacifica Bank in 1998, and was instrumental in the sale of Pacifica bank in 2005.
Mr. Snyder remains an active real estate investor in Seattle’s commercial, industrial and multifamily properties; constructing, owning and managing his properties since 1980. Mr. Snyder’s tenant list includes larger companies and government agencies such as Seattle Public Utilities, United States Department of Justice, the Port of Seattle, Clear Channel and General Electric. The portfolio also includes smaller enterprises as well, such as import/exporters, restaurants and sign manufacturers. The multifamily properties range in size from 14 units to 36 units and the industrial/commercial properties range from single tenant facilities to a five building complex. There are a total of approximately 130 tenants.
Mr. Snyder has been an active member of his church since first serving as a youth representative on the church council at age 12. He has been chair of the Stewardship and Finance Committee several times, president of the parish several times, chairman of the Endowment Committee and has chaired the Call Committee which selects the pastors for the congregation.
Lyle also enjoys helping people outside his congregation. He has taken his family to El Salvador to work in El Milagro with Agros International, he has used his construction knowledge and abilities to build homes with Habitat for Humanity and has cooked for and fed the homeless in Seattle. Mr. Snyder is committed to using his time and talent to help others.