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business, a large volume of our business is transacted with firms in states such as Ohio, New York, Michigan, and Pennsylvania. We do some business with firms in Canada, Mexico, South Africa, North Africa, Australia, Greece, and a few other scattered nations. Are you considering manufacturing any new products in the future? We are constantly developing new equipment to fulfill the needs of the wine industry. Today, the wine industry has gone into stainless steel tanks; we are the major supplier in that field. Last year, we came out with a new press for pressing freshly crushed grapes in the production of white wine. This press has become quite an attractive piece of equipment for the industry. We have developed a new filter for the filtration of wine and also a new juice separator which removes the freshly crushed grapes from the skins and seeds in order to maintain a lighter color for the white wines. What is the organizational structure of the company? The structure of our organization really changed in 1969 in a merger with AMETEK, INC., which has its headquarters in New York and Pennsylvania. Through a stock exchange, I became a vice president of AMETEK and serve on its Board in New York. Valley Foundry became a division of AMETEK and maintains its own structure although it is no longer a separate corporation. I still serve as the President of Valley Foundry. In operating as a separate division, we have very little input from our parent organization. We maintain our own accounting, research and development, sales and marketing, engineering, and plant operation departments just as though we were a separate, independent corporation. Do your managers have business degrees generally? Our management group is really a mixture that consists of those who developed their expertise by actually working in the plant, solving problems with their own mechanical knowledge and ingenuity, and those who have been formally trained through the colleges and universities. We currently are developing a young staff who will take over as time goes on. We are recruiting graduates from California State University, Fresno, with majors in Industrial Engineering, Mechanical Engineering, Accounting, Business Administration, and Marketing. In selecting new personnel for our organization, we put a great deal of emphasis on people with an academic background. However, this is not the sole criterion. If we find someone who has a good background of actual work experience and exhibits desirable qualities but does not have a college degree, that does not preclude us from hiring that person. Does your firm have a basic management program? Yes, we do. We have an in-plant training program. It takes in those personnel we want to train for particular things which are unique to our own operation. Our parent organization, AMETEK, has a management training program; there are two meetings a year which our managers attend so they can keep informed on management techniques. In addition, since we handle products of other manufacturers, our sales engineers and field engineers attend seminars and training schools provided by those manufacturers. In your experience, does an incentive program motivate employees? Yes, hopefully. We try to increase our sales volume and earnings through incentive programs. The first phase of the incentive programs is to develop a favorable climate within our organization. We like every single employee, whether he is in top management or is working in production, to feel that he is important to the organization. We do this with an open door policy to top management. Also, I like employees in this plant to feel that there is an open door to my office as President, that they can come to me with their problems regardless of whether they are personal or whether they may have to do with creating better production methods. To bring the employees together as a single family unit, we have two annual social functions. Last December, we had our 42nd annual Christmas dinner for our employees and spouses. In July or August of each year we have an annual picnic for all employees and their families. AMETEK has an extra compensation which we receive annually from our corporate headquarters; it is based on our volume of sales and earnings. This extra compensation is the second phase of our incentive program. The compensation received is divided, among the employees who we in management think have made the best contributions. Do you employ women in your business, and have they become managers? Yes, we have women in our organization; and no, they have not become managers-probably because of (Continued on page 15) 10 WINTER 1977
Object Description
Title | San Joaquin Valley Business Perspectives |
Date of publication | 1977 |
Place of publication | Fresno, CA |
Object type | Periodical |
Physical collection | Leon S. Peters papers |
Folder structure | Business_interests |
Description
Title | Page 04 |
Physical description | 27.7 cm. x 21.5 cm. |
Full text search | business, a large volume of our business is transacted with firms in states such as Ohio, New York, Michigan, and Pennsylvania. We do some business with firms in Canada, Mexico, South Africa, North Africa, Australia, Greece, and a few other scattered nations. Are you considering manufacturing any new products in the future? We are constantly developing new equipment to fulfill the needs of the wine industry. Today, the wine industry has gone into stainless steel tanks; we are the major supplier in that field. Last year, we came out with a new press for pressing freshly crushed grapes in the production of white wine. This press has become quite an attractive piece of equipment for the industry. We have developed a new filter for the filtration of wine and also a new juice separator which removes the freshly crushed grapes from the skins and seeds in order to maintain a lighter color for the white wines. What is the organizational structure of the company? The structure of our organization really changed in 1969 in a merger with AMETEK, INC., which has its headquarters in New York and Pennsylvania. Through a stock exchange, I became a vice president of AMETEK and serve on its Board in New York. Valley Foundry became a division of AMETEK and maintains its own structure although it is no longer a separate corporation. I still serve as the President of Valley Foundry. In operating as a separate division, we have very little input from our parent organization. We maintain our own accounting, research and development, sales and marketing, engineering, and plant operation departments just as though we were a separate, independent corporation. Do your managers have business degrees generally? Our management group is really a mixture that consists of those who developed their expertise by actually working in the plant, solving problems with their own mechanical knowledge and ingenuity, and those who have been formally trained through the colleges and universities. We currently are developing a young staff who will take over as time goes on. We are recruiting graduates from California State University, Fresno, with majors in Industrial Engineering, Mechanical Engineering, Accounting, Business Administration, and Marketing. In selecting new personnel for our organization, we put a great deal of emphasis on people with an academic background. However, this is not the sole criterion. If we find someone who has a good background of actual work experience and exhibits desirable qualities but does not have a college degree, that does not preclude us from hiring that person. Does your firm have a basic management program? Yes, we do. We have an in-plant training program. It takes in those personnel we want to train for particular things which are unique to our own operation. Our parent organization, AMETEK, has a management training program; there are two meetings a year which our managers attend so they can keep informed on management techniques. In addition, since we handle products of other manufacturers, our sales engineers and field engineers attend seminars and training schools provided by those manufacturers. In your experience, does an incentive program motivate employees? Yes, hopefully. We try to increase our sales volume and earnings through incentive programs. The first phase of the incentive programs is to develop a favorable climate within our organization. We like every single employee, whether he is in top management or is working in production, to feel that he is important to the organization. We do this with an open door policy to top management. Also, I like employees in this plant to feel that there is an open door to my office as President, that they can come to me with their problems regardless of whether they are personal or whether they may have to do with creating better production methods. To bring the employees together as a single family unit, we have two annual social functions. Last December, we had our 42nd annual Christmas dinner for our employees and spouses. In July or August of each year we have an annual picnic for all employees and their families. AMETEK has an extra compensation which we receive annually from our corporate headquarters; it is based on our volume of sales and earnings. This extra compensation is the second phase of our incentive program. The compensation received is divided, among the employees who we in management think have made the best contributions. Do you employ women in your business, and have they become managers? Yes, we have women in our organization; and no, they have not become managers-probably because of (Continued on page 15) 10 WINTER 1977 |