Hastreiter Industries Named a Top U.S. Machine Shop
Hastreiter Industries, a machine shop in Marshfield, WI, has been named an Honors Program winner in association with Modern Machine Shop magazine’s 2018 Top Shops benchmarking survey. Modern Machine Shop (published by Gardner Business Media, Cincinnati, Ohio) offers this annual survey to enable its readers to compare their operations’ performance and practices against industry leaders. The survey, this year taken by 471 North American machine shops, is divided into four primary sections: machining technology, shopfloor practices, business strategy and human resources. Honors Program winners were chosen for each of these categories, and Hastreiter Industries was named 2018 Honors Program winner for human resources.
“Honors Program winners are vetted and selected by me from a top-tier bench-marking group established based on answers to select survey questions,” says Derek Korn, Modern Machine Shop’s Executive Editor who heads the magazine’s Top Shops bench-marking program. “One reason Hastreiter Industries was named the human resources winner is the unique way the shop helps ensure their employees will be financially stable after retiring. On top of whatever hourly wage an employee receives, Hastreiter Industries adds 25 percent of that to the employee’s retirement account. The shop also has had zero employee turnover in the last 17 years.”
“People are the core of our company. They’re the reason why our performance is at the top of our industry. Management is committed to our people, which enables our people to be committed to the customer and their product.” -Kylan Hastreiter
Results from this year’s Top Shops bench-marking survey will be presented at the Top Shops Workshop (topshopsevent.com) during the International Manufacturing Technology Show (IMTS) on Thursday, September 13 in Chicago, Illinois. Kylan Hastreiter, Vice President—Marketing and Development for Hastreiter Industries will be part of a panel discussion about industry trends at the workshop.
About Hastreiter Industries:
Hastreiter Industries Corp. is advanced manufacturer offering CNC 5 axis milling, 4 axis turning, metrology and engineering services. Founded in 1988, the company serves aerospace, defense, energy and other markets while using its resources to help develop individuals and communities.
About Modern Machine Shop:
Modern Machine Shop is the flagship magazine of publisher Gardner Business Media located in Cincinnati, Ohio. Since 1928, the magazine has focused on the application of advanced machining technologies by shops and manufacturers serving a wide range of industries.