Mi-T-M Corporation announces it's now employee-owned

Oct. 11, 2021
Through employee stock ownership plan (ESOP), company is now owned by its more than 450 employees
Mi T M Logo Process Color 5d35f78a633ef 616473ed198ed

Mi-T-M Corporation, a privately held company founded by A.J. Spiegel in 1971, announced plans to share ownership with its over 450 employees by becoming owned by a 100% Employee Stock Ownership Plan (ESOP). Located in Peosta, Iowa, Mi-T-M is recognized worldwide as a leading 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.    

For more information on Mi-T-M Corporation, visit mitm.com.

Sponsored Recommendations

Tesla service, repair, and diagnostics

Keep update-to-date on how to maintain your customer's Tesla vehicles.

Tool Review: Ascot Supply 3/4" Drive 600 ft-lbs Split Beam Torque Wrench, No. 168-00600

Reviewed by Eric Moore, manager at DeMary Truck in Columbus, Ohio.

Diagnosing an engine misfire

Recognizing a misfire is the easy part; the challenge is determining its cause.

The ‘Iron Giant’

This technician spent two and half years putting together his ‘giant’ of a toolbox setup.

Voice Your Opinion!

To join the conversation, and become an exclusive member of Vehicle Service Pros, create an account today!