About Us

Single-source contract engineering and manufacturing services
To prosper in today's global economy, companies must set themselves apart. We strive to deliver competitive advantages that help you unlock value and outperform your competition.

Lou-Rich is a leading provider of assembly contract engineering and lean manufacturing solutions to some of the world's most innovative companies. Our comprehensive engineering, manufacturing, fulfillment, and service platform is tailored to provide you the best value.

Our company is both vertically and horizontally integrated. Vertically, our capabilities include engineering, sourcing, manufacturing, welding, painting, and assembling products to satisfy your needs. On a horizontal scale, we provide a wide variety of processes to manufacture precision parts.

By developing expertise in several key industries, we provide you with innovative, timely, and cost effective solutions. We serve leading original equipment manufacturers (OEMs) in the following markets:

• Agriculture equipment
• Construction and building component equipment
• Food service and production equipment
• Industrial products
• Medical equipment and devices

VISION Our future is being a leader of innovative solutions that drives performance for our customers, our employees, and our company.

MISSION Our commitment is to deliver engineered products and manufacturing services that help our customers win in the marketplace. We empower our people to provide products and services with outstanding quality, on-time delivery, high flexibility, and exceptional value.

VALUES
Ethical Behavior - We operate with the utmost honesty, integrity, and trust.
Customers - We strive for outstanding customer satisfaction.
Employees - We provide a work environment where people have the freedom and opportunity to succeed.
Innovation - We use creative ideas to develop exceptional products and services.
Performance - We deliver on our commitments.
Technology - We invest in advanced technologies that support our products, engineering, and manufacturing services.
ESOP and Shareholders - We deliver positive results to our employee owners and shareholders.

• Organized as a holding company with three subsidiaries - Innovance (innovanceinc.com)
• Lou-Rich (lou-rich.com)
• Almco (almco.com)
• KleenTec (kleentec.com)

• Albert Lea, Minnesota (4)
• Hayward, Minnesota

• Contract Engineering and Manufacturing (lou-rich.com)
• Exact Manufacturing (exactmfg.com)
• Panels Plus (panplus.com)
• Facility floor space: 400,000+ sq. ft. (37,000+ sq. m)
• Employees: 400+
• Annual revenue: $75+ million
• Facilities are centrally located at intersections of major interstates for better logistics support.