Mi-T-M to become ESOP
Privately held Mi-T-M Corporation announced plans to share ownership with employees by becoming owned by a 100 percent Employee Stock Ownership Plan (ESOP).
Founded by A.J. Siegel in 1971 and based in Peosta, Iowa, Mi-T-M is recognized worldwide as a manufacturer of industrial equipment, including hot and cold pressure washers, air compressors, portable generators, and water treatment systems.
Mi-T-M Corporation sells this equipment into the rental, construction, paint and contract cleaning industries. As an employee-owned company, Mi-T-M Corporation will continue to operate under the same business model and management structure as it has for the past 50 years.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
