Astro Machine Works
Fabricated Metal Products; Machine Shops
Astro Machine Works is a 100% employee-owned fabrication company headquartered in Ephrata, Pennsylvania. founded in 1984 Astro Machine Works had a clear mission from the start: to meet the custom machinery and precision parts needs of regional and national companies. Even in their early, lean years, they were meticulous about the business they engaged in, aligning it with their vision. Over time, they expanded their customer base across different geographies and industries. Today, Astro-built machines and parts can be found globally, serving leading companies worldwide.
In 2018, Astro Machine Works became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP). This approach provides team members with transparency into the company's operations and fosters a culture of shared success. ESOPs are an integral part of promoting longevity and growth in the workplace, helping to prevent the disruption that can occur when businesses are sold to competitors. By transferring ownership to the workforce and providing shares at no cost to team members, ESOPs create a supportive and growth-oriented environment.
Astro Machine Works is an employee-owned company headquartered in Ephrata, Pennsylvania.
Astro Machine Works is an employee-owned company.
While they are not certified, based on Department of Labor 5500 fillings and other third-party data sources, we believe their ESOP meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Worker Cooperative meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Employee Ownership Trust meets our standards of significant and broad-based employee ownership.
While they are not certified, we believe they meet our standards of significant and broad-based employee ownership.