
Earlier this week Dan Adams called and shared the news with me and I had the privilege of sharing how valuable and helpful their partnership has been to WNDU TV.
Here is the press release announcing the award.
November 10, 2009 (INDIANAPOLIS) — A South Bend-based company that provides friction welding technology and services was honored today as the state’s Small Business of the Year by the Indiana Chamber of Commerce. Manufacturing Technology, Inc. (MTI) was chosen from a field of dozens of nominees from around the state. MTI and other top small businesses were recognized at the annual awards luncheon held in downtown Indianapolis.
A fourth-generation family-owned business, MTI primarily builds machines that carry out the friction welding process (the solid state joining of two parts using frictional heat and applied force to create a forge-quality weld). MTI also sells the only line of frictional welders worldwide that includes all three major variations: rotational, linear and stir.
The company’s accelerated pace of business has flourished recently through acquisitions and overseas joint ventures. This year marks MTI’s most successful in history, with all major business metrics showing improvement over the prior years. And in the last five years, the company has experienced sales growth of more than 300%. Many of MTI’s nearly 125 employees have been with the company for 15-plus years, including Kevin Grewe:
“Through my years of service, it has been obvious that MTI is a family company with family values. That continued trust and respect put forward is evident by MTI’s employee dedication, as my tenure here is short compared to many. Being part of MTI is more than just a job, it is being part of something to be proud of; this small family-owned company has become a world leader in its field.”
MTI also gives back to its local community through various school-related activities for children and the Junior Achievement. In addition, it developed a skill enhancement program for the underprivileged to try to break the cycle of poverty.
“MTI stood apart for its commitment to its employees, continued innovation and partnerships, tremendous financial growth and commitment to its local community,” offers Indiana Chamber President Kevin Brinegar.”
Companies recognized as finalists for Small Business of the Year were: AllAmericanDirect.com of Indianapolis; Bremen Castings of Bremen; International Medical Group of Indianapolis; Task Force Tips of Valparaiso; and Unified Group Services of Anderson. This marked the second consecutive time Unified Group Services has been a finalist; all others were newcomers to the list.
Semi-finalists for the award were: Communications Products, Inc. of Indianapolis; enVista of Carmel; FlashPoint of Indianapolis; the M.A.I.L. Group of Lafayette; Omnitech Services Inc. of Valparaiso; and Safety Management Group of Indiana, located in Indianapolis.
“We are proud of the ongoing efforts of all the winning companies and the small business community at-large. These companies impact all of us. They contribute to many working families’ income, to the prosperity of respective communities and to the entire state’s economic competitiveness,” Brinegar notes.