Improbable Schweitzer Engineering ESOP Story: Growth Company That Stayed Put

Peoria, Ill., without Caterpillar (CAT)? Benton Harbor, Mich., without Whirlpool (WHR)? Columbus, Ind., without Cummins Engine (CMI)?

One of America’s under-appreciated relationships is the one between smaller cities and bigger companies, an often-happy exchange of quality-of-life for the combination of well-paying and skilled jobs, economic growth and stability, and corporate generosity to support cultural and educational institutions.