Major manufacturer of industrial electric motors, drives, and generators. The Fort Smith manufacturing campus maintains strong employee profit-sharing traditions from the Baldor era.
Ownership Type
Public Corporation
A company whose shares are traded on a public stock exchange
Employee Ownership
5%
of company owned by employees
This company shares profits with employees
Employees receive a share of company profits in addition to their regular compensation.
Union Employer
Workers at this company are represented by a union, with collectively bargained wages, benefits, and working conditions.