Values Statement

The McNally Group companies will provide our customers with high-quality products delivered on time. We will continually improve the capabilities and effectiveness of our business processes through measurement, training, communication and investment. We will treat our associates, customers, suppliers and financial partners with honesty, integrity and respect.

Approach

We believe that the best decisions are made by talented local management teams who have an in-depth understanding of their capabilities, customer requirements and market opportunities; and who have appropriate incentives to build the long-term value of their operations. This philosophy manifests itself in an organizational structure in which the operating companies are led by a general manager who has full P&L responsibility for his or her business unit.

The McNally Group team works to ensure that the right people are in the right jobs throughout the organization; establishes expectations, metrics and incentive plans; sets strategic direction; centralizes financing, risk management, treasury and external reporting functions; approves investment decisions (both balance sheet and income statement); sources and evaluates acquisition opportunities; and provides general management oversight.

Success in managing the organization comes from empowering local management teams to run their businesses and, at the same time, staying close enough to participate in tactical decisions and respond quickly to investment opportunities. To make this work, we get to know all of the customers and employees at each operating company. This level of knowledge allows a very lean corporate staff to be included in major discussions and decisions while providing management depth at the local level.