Windings Inc Saw Growth in 2013
Over the past twelve months Windings Inc has increased its Employee Owners to over 100
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December 31, 2013 (FPRC) -- New Ulm, Minnesota, United States – Windings Inc., a privately held company headquartered in New Ulm, Minnesota, with production facilities for coil windings and motors located in New Ulm has had a remarkable year in 2013. There were 18 new Employee Owners hired this year bringing the total of employee owners to over 100. This is the largest number in the company’s history.
The ability to take on additional employees means the work load has increased substantially and Windings Inc only sees this trend continuing in 2014. In addition to the growth in Employee Owners every year new goals are set in terms of customers and numbers of parts and those goals have been blown away. Windings Inc
Windings Inc. vision is to grow the value of the enterprise while being remarkable. The quality found in the stators, rotors, and motor/generators builds are the highest they can be because of the hand work that goes into each one. This hand craftsmanship also brings affordable pricing to the customer.
About Windings Inc.
Windings Inc. manufacturer of Selsyn Motors and rotors was established in New Ulm in 1965 by J.W. McKinney. Upon McKinney's retirement in 1983, Windings Inc. was sold to R.D. Ryberg, the Company's current Chairman. In 1989, 1991 and 2005 the New Ulm facility was enlarged and upgraded for added operations. Also in 1991, Windings Inc. formed a relationship with Windtech, Inc. in Agua Prieta to further expand its manufacturing capacity and provide greater flexibility in the pricing and delivery of finished assemblies.
In 1998, Windings Inc. formed an ESOP (Employee Stock Ownership Plan) for a planned purchase and transition of Company stock to the employees of Windings. The higher sense of responsibility that comes with employee ownership has made Windings even more responsive to customer needs and encourages innovation to bring greater value to its customers. In 2008, the company became 100% employee-owned. The current president/CEO of Windings is Jerry Kauffman.
Send an email to Jason Retzlaff of Windings Inc
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