From Family-Owned to Employee-Owned - The Hamill Manufacturing Company
Guest: Jeff Kelley, Hamill Manufacturing Company
SUMMARY: In this episode we speak with Jeff Kelly, former CEO, selling owner, and current Chairman of Hamill Manufacturing, a Pennsylvania based precision and fabricating company which serves the defense, aerospace, and power generation industries. We talk to Jeff about what led him to begin working at the company in 1976 (which is father owned), why he chose to sell the company to the employees using an ESOP, the importance of legacy and loyalty for second generation business owners, and how important developing a succession plan is for…
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