Powermatic Associates
Powermatic Associates is an employee-owned manufacturing company headquartered in Livermore, California. Since its founding in 1972, Powermatic has continuously embraced technological advancements and provided factory automation professionals with cutting-edge products and services. As a prominent OEM distributor, maintaining a well-stocked inventory is pivotal for timely tool and system deliveries. Standard product inventory encompasses a range of items such as circuit breakers, contactors, programmable logic controllers (PLCs), and various sensor technologies. Additionally, Powermatic keeps stock of raw materials for value-added assemblies, ensuring reduced lead times.
In 2004, Powermatic Associates became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP). Employee ownership establishes a direct link between the company's prosperity and the financial well-being of employees. Employees contribute their ideas, hard work, and collaboration, which are integral to enhancing the company's overall performance and fostering a positive company culture.
Powermatic Associates is an employee-owned company headquartered in Livermore, California.
Powermatic Associates 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.
