In 2007, Hydraquip Corporation split into three divisions: Hydraquip Inc., Hydraquip Custom Systems, Inc. & Employee Owned Holdings, Inc. (EOHI) EOHI was formed to act as a parent company, providing management, accounting, marketing, human resources, IT and legal services to the rest of the businesses within our family.
Currently, our family is composed of several different companies and divisions: Hydraquip, Supreme Integrated Technology, Huber, Gulf Controls, Action Hydraulics & Elite Controls. As technology continues to develop, EOHI companies focus on new products and services to continually provide more value to clients. Our experience and passion set us apart from others within our industry, ensuring that we continually keep training and development as our top priority.
Our mission is to lead EOHI and its subsidiaries, building on our vision to create value for our company and our employees. Our focus is growth, so we are continually looking for new opportunities to expand our business. Employees are the owners at EOHI, so it’s the board’s goal to efficiently manage our businesses in every economic condition, always ensuring we do the right thing – no matter what.
CHIEF EXECUTIVE OFFICER
CHIEF FINANCIAL OFFICER
HUMAN RESOURCES MANAGER
Chairman of the Board, CEO and President of EOHI, Richard has over 35 years of experience at the company and has worked in virtually every capacity from repair technician to becoming President in 2008. Richard spent the majority of his employment in sales and management at Hydraquip playing a key role in securing business in Texas as well as leading expansion efforts in Oklahoma and Louisiana. Richard has an Applied Science Degree from Granite Falls Technical Institute, completed Finance & Accounting at the University of Wisconsin-Madison and maintains his Fluid Power Specialist certification.
What sets EOHI apart is how we’ve consistently pivoted and moved with our industry. As technology has developed, EOHI companies have continually focused on leveraging to build better products and offer more unique services. Our goal has always been to provide value to our clients while staying rooted in our foundation of a family-based and employee-owned culture.
We take pride in pleasing our customers on every level, bringing that same passion and drive to help the communities we work in. Donations, volunteer efforts, charitable organizations – EOHI has a dedicated community involvement leadership team of representatives for every office in every location we serve.
An Employee Stock Ownership Plan (ESOP) is a unique retirement program where the employees receive stock in the company over time. Stock is issued through company contributions. As an ESOP company, our employees own the business. Each person has a stake in the outcome of “our” company. We move as a team, so we all have a vested interest in the growth and success of our customers and our company.