N52 W13821 Northpark Drive, Menomonee Falls
Founded: 1985
Industry: Materials handling and distribution
Employees: 62 (southeastern Wi)
2016 Annual Revenue: $25 million (southeastern Wi)
Two years ago, Green Bay-based Fairchild Equipment Inc. acquired a company in Menomonee Falls. Since that time, the company has focused on southeastern Wisconsin as its primary area of growth.
It has increased its employee count in the region by 55 percent, and has experienced revenue growth of more than 110 percent in the same two-year period.
The company provides warehouse equipment, including racks and rack systems, forklifts, forklift parts, and certified training and maintenance.
“When we entered the southeastern Wisconsin market through acquisition, the business was not really performing well. We saw a huge opportunity for growth,” said Van Clarkson, president.
Fairchild has grown through several strategic acquisitions, but is also focused on organic growth through a strong commitment to customer service.
“We pride ourselves on taking care of the customers no matter what,” Clarkson said. “But equally important is creating a family-oriented culture throughout the company.”
Fairchild’s extensive training process assures employees are aligned with the vision and commitment of the company.
It’s expensive, but Fairchild receives a return on its investment in employees of more than three times, Clarkson said.
“We have fun, we celebrate wins, and we really thrive on friendly competition,” Clarkson said.
In addition to its two facilities in Menomonee Falls, Fairchild has locations in Green Bay, Beloit, Racine, Marinette, Stevens Point, and two facilities near the Twin Cities.
Clarkson expects continued organic and strategic growth over the next few years. Fairchild will add at least 10 more employees to its Menomonee Falls location before the end of the year, he said.