Mi-T-M Corp., a privately held manufacturer founded by A.J. Spiegel in 1971, announced plans to share ownership with employees by becoming owned by a 100 percent Employee Stock Ownership Plan (ESOP).
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 Corp. sells its equipment into the rental, construction, paint and contract cleaning industries.
As an employee-owned company, Mi-T-M Corp. intends to continue to operate under the same business model and management structure as it has for the past 50 years. Mi-T-M Corp. is headquartered in Peosta, Iowa. For more on the company, visit www.mitm.com