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

Save Time with Standard's Kits & Multipacks

Stock up on essential repair kits! Discover how Standard's multipacks simplify repairs and reduce downtime.

Fuel Injection Training – Pro Tips for Techs

Choosing the right fuel injector matters. Learn best practices for selection and related component recommendations.

ABS Sensor Insights – Get the Right Fit Every Time

ABS sensors are critical to vehicle safety. Learn how they interact with electronic systems and how to choose the best replacement.

Prevent Oil Filter Housing Failures – What Every Tech Should Know

Learn why Pentastar oil filter housings commonly fail and how Standard's enhanced design prevents leaks.

Voice Your Opinion!

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