Becoming Employee-Owned
Historic Renovation – Rehabilitate the GM Flint Factory One Building (the Dort Durant Carriage Factory). It was the first GM facility, built in the 1880s.
Becoming Employee-Owned
Finance & Management Changes – Rick McFeely sells 100% of his shares to the new Superior Electric ESOP Trust. He remains as President and CEO, as well as Chairman of the new Board of Directors. Dale Massy is promoted to Executive VP & COO. GM T1XX Truck Projects at Fort Wayne and Flint assembly plants – design-build projects through 2018.
Becoming Employee-Owned
Becoming an ESOP – Superior pursues employee-ownership status after Rick McFeely implements his succession plan. Weather Crisis Tests Our Capabilities – A summer storm inundates southeastern Michigan, causing severe flooding at the GM Warren Technical Center. Superior responds immediately to GM’s plight by mobilizing the entire company, working 24/7. The Tech Center is back up and running within a week, and Superior makes permanent repairs on-site over the next six months.
Pivoting Through Economic Crisis
GM Milford Proving Grounds – Design-build project to construct a redundant data center through 2016.