Milford, NH – Cirtronics Corporation, a leader in providing Electronic Manufacturing Services (EMS), was featured in the latest issue of US Business Executive Magazine. The article highlights Cirtronics’ ESOP structure, collaborative culture, technical capabilities and strategy to grow revenue by expanding the markets it serves.
The article, “Cirtronics Corp.: Bringing Ideas to Life from Concept through Reclamation” highlights Cirtronics’ strong culture and foundation that the ESOP has helped foster. “We believe a strong culture of emotionally invested team members provides our competitive edge,” says George Mandragouras, CFO of Cirtronics. “Therefore, an employee stock ownership plan [ESOP] was a natural progression for our company.” In 2002 Cirtronics adopted its ESOP program, furthering the company’s team-oriented philosophy. “It doesn’t matter if you’re the vice president or a service representative, you come together to make decisions,” adds George. “All 150 of us work together to find solutions.”
Today Cirtronics’ employees own approximately 40 percent of the company. “Our culture is the most important, sustainable aspect of what we do here; it helps us believe in what we do,” reveals George. “Our vision is that a corporation can extend beyond itself to its employees, customers, suppliers, environment and the community.” According to Gregg Mozdy, VP Business Development of Cirtronics, the ESOP program has a direct correlation to Cirtronics’ outstanding customer service. “It’s important to connect the dots between the work we do for our clients and the sense of ownership our employees have,” Gregg adds. “The sense of purpose our team has lends itself well to exceeding our customer’s demanding expectations.”
In addition, the magazine showcases Cirtronics’ Design for Manufacturability (DFM) expertise. Cirtronics helps customers determine if a product is cost-effective to create through in-depth design-for-manufacturability analyses. “We ensure that the original design allows for manufacturing at a reasonable cost,” details Gregg.
Since 1979 this EMS company has sought to spread a collaborative spirit throughout the company and the communities it serves. The Cirtronics team provides a bright example of how an ESOP program can elevate an organization within a competitive marketplace.
Cirtronics continues to innovate, helping customers accelerate from concept to production and eventually, reclamation.
To read more on this article please click here.
More information on Cirtronics can be found at: www.cirtronics.com
Cirtronics is a leading provider of Electronic Manufacturing Services (EMS) to the Medical, Defense, Clean Tech, Communications and Industrial markets. Cirtronics is a financially independent company vested in the success of its customers providing vision to product realization. Cirtronics is an Employee Owned Company (ESOP) that qualifies for US government woman-owned and small business status.