Top Small Company Workplaces - 2010 Winner

Company Name: Van Meter Industrial

Location: Cedar Rapids, IA

Nature of Business: Wholesale distributor of electrical, automation, lighting and other products

Founded: 1928

Revenue: $165 million

Number of Employees: 342

Average Tenure: 7 years

This year's longest-running honoree, Van Meter Industrial, based in Cedar Rapids, IA, was founded in 1928. This 342-person company is a wholesale distributor of electrical, automation, lighting, data communications and power transmission products. The company excels in satisfying both its geographically diverse customer base, and serving the communities in the 13 Iowa cities where it maintains an office, primarily through employee-owners donating their time to local causes. Practices such as a program that encourages staff to make small changes in work habits to improve processes as well as incentives such as stock ownership and performance bonuses have helped Van Meter Industrial consistently rank in the upper quartile performance of financial measurements.

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