Lockrey Manufacturing
203 Matzinger Road, Toledo, Ohio, United States | Steel/Iron
Our Philosophy
Located in the heartland of the industrial Midwest, the Lockrey Manufacturing facility is geared for efficient, expedient, and quality production. Our philosophy, simple and time tested is this:
'Provide the customer with a value added product in a timely manner, utilizing the latest in technology while offering the technical support of the Lockrey Team.'
Lockrey Screw Products was founded in 1956 by John Lockrey; a screw machine company whose primary customer was the Toledo Scale Company. Mark Makulinski, a process engineer graduate from General Motors Institute, purchased the company in 1977. Lockrey's business increased through the addition of diversified machining capacity and acquisitions that included a complete Fabricating Division.
By 1989, the company had outgrown its original 6,000 square foot site and was relocated to its present location with 100,000+ square feet of floor space and room for expansion.
In 1990 Lockrey Screw Products became Lockrey Manufacturing to emphasize the company's diversity in manufacturing and the concept of the 'INDUSTRIAL MALL', a one-stop shop for manufacturing.
ISO 9001 Certification was obtained in April 2000 and recertification in 2011, furthering Lockrey's commitment to providing quality products and services that support the company's specialized machining and fabricating business.
Employee Ownership: Why It Works
Lockrey's success has been built on the ability to deliver value to its customers. In order to accomplish this, each and every associate needed to be committed to the success of the company. In 2000, Lockrey Manufacturing became Employee Owned.
Upon completion of a year of service with Lockrey, each associate is eligible to accumulate shares as part owner of Lockrey through our Employee Stock Ownership Plan. The ESOP Plan provides a retirement savings for each associate as each participant's contributions purchase equity in the company. The shares purchased are then redeemed at retirement at the current value, plus the added value of the company.
Employee ownership works because employees see how their actions directly affect the financial success of the company as well as their own. In today's competitive global economy, businesses must maintain a workforce that is highly motivated, creative and skilled. Employee Ownership has allowed Lockrey to cultivate these traits in our employees.
Through the combination of a highly motivated workforce, where over half of all profits are shared, and a continuous investment in the latest manufacturing technology, Lockrey has remained a leader in the machining and fabricating markets. Today, Lockrey Manufacturing is a one stop, complete parts processing, manufacturing company.
Lockrey Receives 2008 Outstanding Supplier of the Year Award
Fisher Controls (www.fisher.com), a world leader in the manufacture of control valves and regulators, has awarded Lockrey Manufacturing their 2008 Outstanding Supplier of the Year Award. We are very proud of this designation, and appreciate the dedication of all of our associates that made this achievement possible. Click on the photo to see a full-screen image of our team accepting the award.
Company Details | |
---|---|
Company Name | Lockrey Manufacturing |
Business Category | Steel/Iron |
Address | 203 Matzinger Road Toledo Ohio United States ZIP: 43612 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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