Company Name: Barclay Water Management, Inc.
Location: Watertown, MA
Nature of Business: Water treatment
Founded: 1932
Revenue: $13.4 million
Number of Employees: 89
Average Tenure: 9 years
Almost 80 years ago, engineer Stanton D. Barclay and his brothers established a firm which would
pride itself on unparalleled service and the value of investing in employees. These days, Barclay Water
Management is the largest employee-owned firm in the water treatment industry, employing the single
largest team of female engineers, boasting the lowest associate turnover rate among major firms, and
maintaining a pool of clients which have stayed loyal for decades. Described as a "true democracy," each
of their 82 employee-owners has a vote in company matters large and small, and all are taught to read
the company's financials. Facing new pressures from General Electric's entrance in the field, associates
collectively decided to forego profitability for several years while making investments toward ensuring
competitive facilities and staff. Today the decision is paying out in impressive revenue growth. Associates
applaud Barclay's upbeat environment and family-firm tmosphere, where the phonebook is organized by
first name and employees swear that the president knows every one of them. An old-line company with timeless values, Barclay continues to impress clients with their solid culture of involved employee-owners.
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