About the Gleason Group
The Gleason Corporation is a domestic manufacturer of low-technology,
niche products sold to major OEMs, industrial users and consumers.
Founded over fifty years ago, Gleason remains wholly-owned by
the original founder and members of his family. Established as
a demonstrably strong and capable company, Gleason is eager to
expand further. Its history is one of acquiring marginally profitable
or troubled companies, building them into profitable units, consolidating
them with the team of Gleason companies, and then repeating the
process. Growth has been solid and consistent. Gleason has become
the industry leader in most of its product lines. Gleason's diverse
manufacturing operations create a variety of products for consumer
and industrial applications. All of these operations are fully
integrated to maximize manufacturing efficiencies and to capitalize
on large scale raw material purchase opportunities.
Gleason was founded in 1946 to market replacement wheels to consumers
through the hardware trade. The approach was unique, innovative
and resourceful the style that still characterizes the company.
The Gleason Companies manufacture products for OEMs, industrial
customers and consumers. Their largest markets are OEMs in the
outdoor power equipment, lawn and garden, material handling and
the mass merchandisers of consumer products. Gleason has attained
leading positions in its markets. It is the largest independent
producer of small, low-speed wheels in the United States and a
dominant producer in each of its niche markets for its other products.
Gleason is a fully integrated manufacturer. Within each product
group, Gleason converts basic raw materials to manufacture the
products and either sells them to outside customers or to another
Gleason Division for use as a component part.
A privately-owned company, with over 1,300 employees, Gleason
has corporate headquarters in Los Angeles, sales offices in the
Midwest, manufacturing plants in the Midwest and the East. Gleason
currently has operating companies in five different states. Gleason
has extensive, modern facilities for, steel stamping and forming,
arc welding, multiple and single spot resistance welding, tubular
steel forming, powder coating, textile cutting and sewing, and
mass production assembly. With major tubular steel fabrication
capabilities, Gleason manufactures tubular steel parts for a wide
range of proprietary products including material handling equipment,
lawn and garden equipment, hammock stands and leisure products.
Gleason has focused on a balanced growth strategy through both
internal expansion and selective acquisitions.
The Gleason Group of Companies is low-profile, quiet and professional.
Emphasis is placed on being flexible, maneuverable and lean. Reaction
is swift to customer demands and to marketing trends today, just
as when it was a smaller, younger business. Gleasonıs steady growth
has netted other benefits. While the company has few product groups,
it has demonstrated resourcefulness in expanding diverse markets
through strong customer emphasis and the successful development
of various new products. The companyıs products are useful, ordinary,
and categorized as being of low technology. Products are generally
not subject to any severe changes in style or obsolescence. Hallmarks
of the company have been its stability, steady growth and consistent
profitability ... all well above industry averages. The year 1960
marked the first major acquisition in an ongoing program. Since
then, Gleason has made fifteen additional acquisitions of various
sizes. Gleasonıs personnel are committed to the conservative/conservator
philosophy of its founder. Deliberately, the company has a smaller
management staff, all being ³hands-on², and shorter lines of communication
than are found in typical organizations of its size. Practicality
is the watchword, simplicity is emphasized and bureaucracy avoided.
Authority and responsibility are delegated with accountability.
Success is recognized and rewarded.
CAPABILITIES Gleasonıs automated manufacturing capabilities
Principal product groups include:
(Semi-Pneumatic, Pneumatic, Industrial)
(Steel and Solid Rubber)
& Steel Stands
& Soft Sided Travel Bags
Home & Lawn Products
Landscaping & Nursery Products
Gleason continues to stand ready to acquire either compatible
independent companies or divisions of larger entities. Although
certain turn-around situations will be considered, Gleason prefers
that future growth come from integrating into its existing operations
a series of healthy companies with experienced and competent management.
Gleason is actively seeking boldly conservative businesses and
individuals with whom they can build and grow together. Gleason
favors manufacturing operations having mature technology and low
risk of obsolescence. Significant historical growth is not required.
Companies can be fairly large (up to $200 million in sales volume)
or small; can be public or privately held; can be purchased or
merged. Gleason offers the utmost in flexibility of acquisition
structure, and, if desired and deserving, real managerial autonomy.
Additional managerial and capital support will be provided whenever
needed. Inquiries and proposals should be submitted to the personal
attention of the companyıs founder, A.L. Kotler. All inquiries
will receive careful attention and a prompt, confidential response.