Folience
ManufacturingIowa, United States51-200 Employees
Folience is a Cedar Rapids, Iowa-based manufacturing holding company that operates through a portfolio of operating businesses known for quality and performance. It is 100% employee-owned through the Folience ESOP, with governance and shared services designed to support sustainable growth and create long-term financial value for employees, their families, and their communities. The organization has earned national recognition from The ESOP Association, including Employee Owned Company of the Year (2022) and Employee Owner of the Year (2020, 2025), reflecting its emphasis on long-term stewardship. As a parent company, Folience oversees a range of manufacturing entities, including The Gazette. Its growth has included acquisitions such as Life Line Emergency Vehicles in 2017, Cimarron Trailers in 2018, and the TravAlum assets in 2022 to expand capacity. In June 2025, Folience appointed Tom Pientok as president and chief executive officer.