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About Us

Innovance is the holding company for a family of five, 100% employee-owned manufacturing companies located in Minnesota and Wisconsin. Formed in 2004, the Innovance name comes from two defining characteristics of the organization; innovation and performance. Our 400+ employee-owners, strive to make every customer interaction a great one.

We collaborate across the organization to grow our employee share value, by focusing on delivering an outstanding customer experience. Our unique and varied mix of industrial manufacturing capabilities assures our customers we are committed to developing solutions that help solve their most challenging production issues.

Panels Plus Employee

Panels Plus Employee

ALMCO Electrician

Lou-Rich CNC Operator

Employee-Owners

Panels Plus Employee

ALMCO Employee

ALMCO Employee

Innovance manages shared administrative services in the following areas, so our operating companies can focus solely on making great products for our customers.

Human

Resources

Marketing

Finance

Information

Technology

Safety, Environmental & Security

CORE VALUES

“Innovation DRIVEs Performance”

Diversity

We value and respect our differences to create and maintain a competitive advantage.

Resilience

We recognize that perseverance, adaptability, and competency will help overcome our challenges.

We value learning and building rewarding careers by evolving employees’ knowledge, skills, and abilities.

Integrity

We do what we say and what is right.

We are accountable for our assigned responsibilities, commitments, and obligations.

We respect one another in all we do.

Virtue

We ensure a friendly, safe, and secure working environment.

We provide a healthy work-life balance and are socially and environmentally responsible.

We are concerned about the well-being of others.

Excellence

We embrace and value creativity, innovation, teamwork, and performance to do our best work.

Employee-Owned Logo

EMPLOYEE-OWNED ADVANTAGE

Headquartered in Albert Lea, Minnesota, Innovance is 100% employee owned. Our team is passionate, knowledgeable, and absolute experts at what they do.

At Innovance, we believe that when employees are owners, that makes everything in the customer experience better. While we are proud of the equipment and capabilities inside our facilities, our greatest asset, and the reason our customers trust Innovance companies, will always be our people.