MINNESOTA ELEVATOR INC.
Business: Makes, installs, modernizes and services passenger and freight elevators, including building custom elevators for stadiums, airports, university, commercial and government buildings.
Founded: 1971
Headquarters: Mankato
Website: www.minnesotaelevator.com
Employees: 220
Executives: John Romnes, founder and CEO; Rick Lowenberg, president; Ron Romnes, executive vice president
2011 revenue: $55 million
Strategy: Expand through acquisitions, continue training employees in lean manufacturing techniques, continue capital spending to support lean manufacturing, continue investing in new product development.
