Fratco, a manufacturer of corrugated drainage pipe headquartered in Francesville, IN, was inducted into the Indiana Manufacturers Association (IMA) Hall of Fame at the annual Hall of Fame Inductions and Manufacturing Excellence Awards event held virtually on Nov. 18.
Companies inducted into the IMA Hall of Fame are chosen for their contributions to the development of a healthy, dynamic business environment in Indiana and to the state’s overall economic well-being.
Since Fratco’s humble beginnings in 1923 as a local clay tile kiln, the company has grown to a four-site, state-of-the-art producer of high-quality, cutting-edge drainage solutions. Under their fourth generation of family-owned leadership, Fratco has increased production rates and continued to focus on precision engineering and dependable products.
“Thank you to the Indiana Manufacturers Association for this honor,” said Fratco’s president and CEO, Chris Overmyer. “We are proud to be a Hoosier-based company. As we innovate for tomorrow, we remember our roots and remain dedicated to enhancing the local economy and community.”
Manufacturing continues to be one of the highest paying industry sectors in Indiana, and accounts for nearly 30 percent of the state’s total GDP.