Peterson Manufacturing is headquartered in a modern 670,000 square foot facility located in Grandview, Missouri-a suburb of Kansas City. This facility houses management, sales, engineering, R&D, manufacturing and assembly, purchasing, shipping, receiving and warehousing departments.
Staffing this facility are some of the most dedicated people you will ever meet. Peterson's more than 650 non-union associates are the real key of our success and growth. The pride our associates put into their work is noticeable to customers who visit our facility. Many of our associates are second and third-generation, and all of them share in the company's profits through employee stock ownership and profit sharing.
With its vast production facilities, warehousing space and dedicated associates, Peterson maintains a remarkable 97% fill-rate and order-turnaround of three-to-five days.
Through the years, Peterson has grown from a small, family business to a multi-industry corporation. During this transformation, leadership continually focused on creating the highest quality product possible. This core value is perhaps best reflected in the fact that Peterson was one of the first 40 manufacturers in the entire United States to obtain ISO 9001/QS-9000 registration.
Specifically, Peterson was the very first US vehicle safety lighting manufacturer to obtain this important registration that lets customers know that our quality systems meet a standard of excellence that is internationally understood and accepted.
Quality is also why Peterson builds products that not only meet federal
specifications, but also exceed them by 25% and why we boast the industry's
lowest return rate on a line of over 2,000 products.
"Targets for Excellence"
from General Motors
from John Deere
Peterson Manufacturing was founded in 1945 and has been under the present ownership since 1956. The company has enjoyed more than five decades of continuous financial success. We are privately owned with the majority ownership within the Armacost family, who actively manage the business.
As a privately held company, we do not release comprehensive financial information to outside parties. However, we feel it is important for prospective customers to be comfortable about our ability to meet their needs. Peterson and its wholly-owned subsidiary companies have annual net sales of approximately $200 million and over $100 million in assets. Ongoing operations generate cash flow sufficient to maintain the corporation’s current financial status.
Peterson's banking reference for the past 50 years is UMB Bank, N./A., Kansas City, Missouri. Mr. Robert P. Elbert, Senior Vice President, may be contacted at (816) 860-7116, if you desire. UMB Bank has extended to Peterson and its affiliates lines of credit of approximately $40 million. We can also furnish you with supplier references to satisfy any credit needs. You can also access additional information about Peterson from Dun & Bradstreet's report on us at DUNS No. 00-714-6095.
Our ability to recognize and meet customer needs with better ideas is a tribute to the dedication of our people, as well as our commitment to quality and innovation. These attributes are the heart of a growth story that's taken Peterson from a small manufacturing shop to a state-of-the-art, 670,000-square-foot facility serving customers worldwide. Today our growing corporate family includes twelve unique divisions-each specializing in transportation-related industries, and each focusing on meeting tomorrow's needs with cutting-edge innovation and old-fashioned quality. It's a combination that's brought us a long way, and we're not about to change it.
Peterson Manufacturing Company is aware and has taken action to fully support the initiatives of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 regarding Conflict Minerals. Peterson Manufacturing has completed a review of its entire supply chain and has made every reasonable effort to assure today and in the future the appropriate sourcing and chain of custody of any "conflict minerals", or any other mineral or its derivatives determined by the US Secretary of State to be financing conflict in the Democratic Republic of the Congo.