Fabricated Metal Products
Manufacturing
Precision Pulley & Idler (PPI) is a 100% employee-owned metal fabrication company headquartered in Pella, Iowa. The company was founded in 1977 with the goal of providing high high-performance conveyor components at competitive pricing and unparalleled customer service. This continuous goal still leads the company today after four decades of experience in a diverse group of industries including aggregate, mining, forestry, gran, unit handling and food processing. PPI currently operates 25 global manufacturing facilities.
In 2001, Precision Pulley & Idler became 100% employee-owned when they established an Employee Stock Ownership Plan (ESOP). The dedicated team of employee-owners at PPI are committed to delivering exceptional products and services that consistently meet or surpass the requirements of their customers. To achieve this, their ownership culture empowers employees to seek out diverse work experiences and undergo training in various job assignments. As owners, each employee shares in the collective responsibility for driving continuous enhancements in quality. Furthermore, each PPI employee undergoes thorough instruction in teamwork and problem-solving techniques.
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.
Website:
Location:
Employee Ownership Type:
ESOP
Employee-Owned Since:
2001