Full-Time
Posted on 8/2/2024
Automotive parts manufacturing and assembly services
Entry
Grand Rapids, MI, USA
Challenge Manufacturing specializes in high-speed progressive stamping and high-tonnage transfer processes for the automotive industry. The company provides automated assembly and various welding techniques, ensuring precise and efficient production of automotive components. It primarily serves Tier 1 automotive manufacturers, entering contracts to supply essential parts and assemblies. What sets Challenge Manufacturing apart from its competitors is its Employee Stock Ownership Plan (ESOP), which allows employees to own shares in the company, fostering a collaborative culture and aligning employee interests with the company's success. The goal of Challenge Manufacturing is to be the leading global supplier of automotive structures while delivering value to its employee-owners, guided by core values of Safety, Ownership, and Teamwork.
Company Stage
Debt Financing
Total Funding
$100M
Headquarters
Walker, Michigan
Founded
1981
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