Grote Industries, entering its 121st year of operation, continues to be a family business now run by fourth-generation family members, Dominic, John and Mike Grote. Recently, the trio expanded their controlling interest in the company by acquiring 100% ownership of Grote Industries. They say that along with this expansion in their ownership, their vision for Grote has also progressed. The company is now poised to focus on creating and leading safety-related innovation, helping to make the world safer and smarter through connected visibility.
Dominic Grote will continue as CEO and president, while John Grote has been appointed chief operating officer and Mike Grote continues in his role as general manager, Asia. Bill Grote, chairman of the board, and Buzz Grote will continue to serve on the board of directors as the third generation “hands the reigns” over to the fourth-generation leaders.
“We believe this expanded vision bonds the Grote team with our customers and looks toward the future on the things that can make their businesses more profitable by being safer,” said Dominic Grote, CEO and president of Grote Industries. “As we talk about the transition in the business and being a fourth-generation family business, the statistics aren’t typically in the favor of businesses going from generation to generation, but we’ve taken many steps over the last couple of generations to do the right things for the business to make sure we’re able to continue as a family business, offering our employees, customers and communities continued continuity.”
“We are happy to see our sons continue the growth of what our grandfather started back in 1901,” said Bill Grote, chairman of the board and past CEO. “We’ve worked hard to be good at change and are excited about all the changes to come.”
Grote Industries develops, manufactures and supplies innovative visibility and safety systems for the on-highway, off-highway and trailer body builder markets. For more than 120 years, Grote Industries has provided state-of-the-art solutions for OEM and aftermarket customers across the globe in the transportation, agriculture, safety, and consumer markets. Grote’s leadership said there’s more exciting news coming as they invest in new innovations and technology.
“We are investing for the future. We see an ever-expanding opportunity globally in areas such as telematics, electric vehicles, and autonomous driving where our key capabilities and technologies can be leveraged and pay off for our customers,” said Mike Grote, general manager of Grote’s Asian Division. “This is an exciting time for Grote Industries. When you work hard and you are doing something that’s benefiting the community and the people, it’s enjoyable.”