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Midwest Industries, Inc. · Ida Grove, IA United States

Company Description

102-122 E. Hwy. 175
Ida Grove, IA
51445
United States (Map)
Phone: 712-364-3365
Fax: 712-364-3361
Toll Free: 800-859-3028
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    Iowa has a place to get hitched without getting married. It's called Midwest Industries, and it is celebrating its golden anniversary. The family-held corporation manufactures the Freedom Hitch (a hands-free, positive latch-and-lock trailer hitch) which allows users to change implements from the seat of a tractor. The Freedom Hitch system comes in two sizes: Category I, for tractors up to 45 horsepower, and Category II, for tractors up to 100 horsepower. The company also makes a line of boat trailers under the ShoreLand'r brand. Midwest's ShoreStation Boat Hoists unit makes hoists and dock accessories for on-the-water storage of boats and personal watercraft (PWC), as well as complete lake dock systems. To read the full description, subscribe now.
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    Key Midwest Industries, Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$54.0
    Employees330

    Midwest Industries, Inc. Executives

    5 executives listed for Midwest Industries, Inc.'s Ida Grove, IA location.
    TitleName & BioContact
    President and CEOAndy BrosiusNetwork
    VP FinanceRoger HarringtonNetwork
    Manager Information SystemsKipp GebelNetwork

    Competition

    Competitive Landscape for Midwest Industries, Inc.
    Sales are directly tied to farm income and crop production projections for the next season, and can vary highly year to year. The profitability of individual companies depends on the volume of products sold, since many manufacturing costs are fixed. Big companies have large economies of scale, especially in manufacturing tractors and combination machines. Small companies can be successful by making specialized equipment, especially tractor attachments. Smaller companies, which are more labor-intensive, produce annual revenue per employee of about $150,000. Larger companies, more capital-intensive, produce about $350,000 per employee. To read the full description, subscribe now.
    Top Midwest Industries, Inc. Competitors
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