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.

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