Astro Machine Works Establishes Manufacturing Base in Ephrata, PA
1 report, 1 independent
Updated Sep 23
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What happened
A manufacturer of custom machinery and automation systems, Astro Machine Works, has established its operational base in Ephrata, Pennsylvania. The company employs 130 individuals, all of whom are also company owners due to an employee stock ownership plan (ESOP).
From mmsonline.com
Why it matters
A successful ESOP transition occurred in 2018, providing a strong foundation for the company's growth. Since that transition, the share price has risen to over $200.
From mmsonline.com
Who's involved
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The entities involved
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Ephrata
borough in northern Lancaster County, Pennsylvania, United States