Our board of directors implements ELLWOOD’s shareholders’ commitment to continuing the business as a family company and continuing to invest in people and in state-of-the-art equipment.
Our management team is an extraordinarily motivated, diligent, and ambitious group. We focus on technical and metallurgical expertise, reflected by the fifty metallurgical engineers and four PhDs on staff. Our people share some common traits that have helped ELLWOOD grow: loyalty to each other, candor, competence, hard work, flexibility, and competitiveness. They seek out performance benchmarks from within the industry and around the world, and strive always to be number one.
One hundred percent of company shares are held by 36 family members. Our shareholders take a long-term view of ownership rather than focusing on quarterly returns, weathering the ups and downs of the cyclical capital goods market. They realize that it is always necessary to reinvest the lion’s share of profits to give our people the tools they need to succeed in today’s competitive world market. This committed reinvestment in our business, combined with the diligence of our employees and the ingenuity of our managers, has permitted ELLWOOD to achieve remarkable growth over its one hundred-plus year history.