#White Papers
Surprises Uncovered at a Groundbreaking
Companies customarily mark new construction with a groundbreaking ceremony.
Such an event to celebrate Hydrotech Inc.’s expansion of its suburban Cincinnati headquarters, however, revealed some unexpected facets to this diverse fluid power and automation solutions provider.
Because Hydrotech is a local company, taking in its recent groundbreaking was a convenient way for me to get to know the company better. I was partly motivated by the fact that, as the company has expanded, it is branching into areas of growing interest to metalworking companies. These include minimum quantity lubrication systems for environmentally friendly machining and a soon-to-be announced Internet of Things approach to preventive maintenance, for example.
These developments build on Hydrotech’s 48-year history of providing solutions to the hydraulic, pneumatic, lubrication, machining and automation industries.
The groundbreaking marks the commencement of the company’s 23,000 square-foot expansion to its headquarters in West Chester, a northern suburb of Cincinnati. Company officials explained that the expansion is necessary because the firm has grown 14 percent per year since 2010, has hired 35 people in the past five years (with 10 more positions to be added this year), and needs more room for offices and additional factory/warehouse space.
At least three other news items about the company caught my attention because they are not so typical of other groundbreaking events I have covered.
As a family-owned company, Hydrotech actively supports the Goering Center at the University of Cincinnati. This center offers programs to help family and private companies meet the challenges that can keep them from growing and prospering. Hydrotech benefited from these programs and now mentors other companies that work with the Goering Center.
Philanthropy is important to Hydrotech, as it often is for family companies who naturally feel compelled to give back to the community and the industry they serve. For example, at the ceremony, the company announced a donation of four new hydraulic training stands to Cincinnati State Technical and Community College. The stands represent a total value of $120,000. This marks the second major donation to this program. Last year, similar pneumatic training stands were also donated.
Hydrotech has a sideline in educational, therapeutic and practical life products for children and teens living with autism. Called Got-Autism LLC, this business sprang out of an employee’s experience with finding resources for her son, who has a form of autism. With the parent firm’s support and investment, Got-Autism develops and distributes products that encourage individuals with various forms of this disorder to grow, learn and enjoy life. Proceeds go back to local and national autism charities.
It didn’t take much digging for me to discover these aspects at the event, but I would probably have missed them otherwise. Unfortunately, I am not able to get to many events like this. I was pleased by what turned up at this one.
