PRIDE IN PEOPLE POWER IN PERFORMANCE
The BOSS Magazine|July 2020
PRIDE IN PEOPLE POWER IN PERFORMANCE
FOR ADVANCED MANUFACTURING AND MACHINING GIANT PETERSEN INC. , PUTTING IDEAS INTO ACTION IS THE WAY TO SUCESS.
As Eric Clapton once wrote, “It’s in the way that you use it.” The elusive “it,” of course, is an opportunity, and the way Petersen Inc. uses “it” is refreshing, life-affirming, and wildly successful. The Ogden, Utah-based company offers leading-edge fabrication, advanced manufacturing, and machining services across a wide swath of industries, from nuclear and mining to aerospace, defense, and entertainment. Regarded as a standard-bearer in precision and quality, the company thrives on its staple of high-profile repeat customers while keeping its sights trained on new possibilities.

Established in 1961, the family-owned company flourished and experienced significant growth in revenue, headcount, and the typical complications that come with consistent growth. Rather than selling the debt-free operation to new owners, Steve Petersen, one of the founders of Petersen Inc., established an employee stock ownership plan, which added a new dimension of dedication and creativity throughout the organization.

“Our purpose is to improve the lives of our customers, community, and our employee-owners and their families,” said company CEO, Mark Jenkins. Petersen Inc.’s evolving culture of continuous improvement sets a standard for excellence across the board.

“We are a family and as such we trust and help each other. We are focused on helping our teams gain additional skills so they can advance in the company and their careers. This also increases the agility of the company to manage through the different variables of our projects. Our focus on our team members’ success ensures that we have team members dedicated to giving the best products and service to our customers which results in long term stability for our employees and their families.”

He added, “We want our employees’ minds and creativity in addition to their hard work. Every company has a man, material, and machines as resources. What sets companies apart is the method used to manage and execute using those resources.”

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July 2020