In 1997, Caron Ng was preparing for a career that would take her around the world as a United Nations interpreter. But when her family needed help with their business, she made a choice that would change everything. She joined NU-SET Lock as warehouse staff and worked her way up to her current role as principal CEO.
When Caron stepped into the company, she didn’t just inherit a business—she embraced a legacy built across two continents and three generations. Originally founded in Hong Kong by her grandfather, NU-SET has been a fixture in American manufacturing for more than 30 years.
When she stepped into the company, she didn’t just inherit a business. She embraced a legacy built across two continents and three generations. Originally founded in Hong Kong by Caron’s grandfather, NU-SET has been a fixture in American manufacturing for more than 30 years.
From its early days producing traditional lockboxes to its current lineup of smart security products, NU-SET has always stood for trust, craftsmanship, and family.
Honoring the Past, Building What’s Next
Caron grew up understanding that manufacturing was more than a job—it was a way of life. When she stepped into leadership, she brought a vision that respected tradition while embracing innovation.
Under her direction, NU-SET expanded into smart technology, embraced e-commerce, and developed patented solutions that redefined security. Today, NU-SET is the only certified Minority-Owned and Women-Owned lock manufacturer and direct distributor in the U.S., serving major retailers such as The Home Depot, Lowe’s, and Amazon. With more than 22 patents and trademarks, the company reflects Caron’s commitment to forward-thinking design.
“Innovation isn’t about replacing the past. It’s about building on it with purpose and imagination.”
Learning, Growing, and Giving Back
Caron’s leadership journey wasn’t traditional. She learned by doing and by seeking programs for entrepreneurs. As an alumna of ICIC’s Inner City Capital Connections (ICCC), she gained tools to scale her business, navigate challenges, and lead with confidence.
“ICCC helped me step back, think bigger, and lead with clarity.”
Now, she is paying it forward.
Shaping the Future of Manufacturing with ICIC
In 2024, Caron joined the advisory board for ICIC’s Manufacturing Accelerator Program (MAP): High-Growth Strategies for Manufacturers. Launched in August of 2025, MAP is a national, virtual program offering expert-led classes, peer networking, and practical strategies for scaling operations and accessing capital.
Drawing on decades of hands-on experience, Caron helps ensure the curriculum meets the real-world needs of manufacturers.
“MAP is exactly what manufacturers need. It’s practical, focused, and built by people who’ve lived it, meeting businesses where they are and helping them grow with confidence.”
For Caron, this is more than a professional milestone. It is a way to support the next generation and honor the legacy she continues.
Small Business, Big Vision
Caron’s story reminds us that innovation often means building on what came before, honoring the past while creating space for something new. With courage, support, and a deep connection to roots, small businesses can achieve big things.
