Employee Owned US Manufacturer Recovers Quickly After Recession

Mankato, MN, January 31, 2015 --(PR.com)-- Manufacturers’ Pain Points newsletter reported Hannibal Industries strategic and impressive recovery was featured in a LA Times article. Hannibal Industries, a large scale, California-based manufacturing company, became an employee owned company via ESOP (Employee Stock Ownership Plan) in 2008. Then the Recession hit, slashing Hannibal’s revenue in half, and causing a 50% reduction in its workforce. Since then, the company successfully fought for survival, reinventing itself with efficiency, innovation and creative repurposing. It is now on target to exceed its pre-2008 revenues of $100million. Steve Rogers, Hannibal’s Vice President of Sales believed that Hannibal’s resilience was largely due to the fact that through ESOP, the employees own the company. As a result, they were invested in Hannibal’s success and survival in every sense of the word.

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Manufacturers’ Pain Points, a weekly e-newsletter, sponsored by PDP Solutions, examines the pain points on the manufacturing floor, with employees, and best business practices. Leaders are looking for a competitive advantage and to create a corporate culture which achieves the company’s long-term goals and success. Manufacturers’ Pain Points brings important and interesting information to those in the manufacturing arena and employee relations. From best practices to industry data, this weekly communique reports trend data, process improvement, and pain points as it relates to the manufacturing sector.

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About People Driven Performance
People Driven Performance (PDP) is a software development company providing an internal, innovative, and interactive communications system for manufacturing plant floor employees. Patented combination of software and touch-sensitive employee information kiosks bring vital and important information to the plant floor in a non-desk employee environment. PDP proves that Employee Engagement results in quantifiable productivity improvement.

The impacts of improved internal communications, via interactive design, delivers an employee-centric engagement system driving improved employee retention, best-practice lean productivity, and increased bottom-line profitability.

Unlike desktop solutions promising better engagement, The PDP solution (www.pdpsolutions.com) is uniquely suited to on-the-move plant floor production employees ensuring a simple and straightforward way to access key company metrics and other information. The result is full participation and understanding of the functions, status, and standing of the company. Employee communication ensures a personal responsibility for well-being of management and colleagues with whom they work each day. Follow PDP Solutions on Twitter @ownyourculture.

PDP Solutions
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Louise Dickmeyer
President
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507-382-7756