What Happened When Fidelity Manufacturing Changed From Family-Owned To Employee-Owned (IndustryWeek)
Great Question: A Manufacturing Podcast
- Published
- October 15, 2026
- Duration
- 29:01
- Summary source
- description
- Last updated
- Oct 21, 2026
Discusses In this episode of Great Question: a Manufacturing Podcast, Mitch Twardosky, CEO of Fidelity Manufac…
Summary
In this episode of Great Question: a Manufacturing Podcast, Mitch Twardosky, CEO of Fidelity Manufacturing, discusses the manufacturing company's very recent ownership transition—the owners sold the company to an employee stock ownership plan (ESOP) as a succession plan—while in the midst of significant company growth driven by increasing demand for backu…
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Show notes
In this episode of Great Question: a Manufacturing Podcast, Mitch Twardosky, CEO of Fidelity Manufacturing, discusses the manufacturing company's very recent ownership transition—the owners sold the company to an employee stock ownership plan (ESOP) as a succession plan—while in the midst of significant company growth driven by increasing demand for backup generation. Twardosky shares with IndustryWeek's Jill Jusko how the ESOP almost immediately had employees taking an ownership mindset about w