Polar Overview

Polar Corporation manufactures and sells custom-built aluminum, stainless steel, and carbon steel tank trailers. It offers liquid and pneumatic tanks for crude oil, hot products, refined fuels, propane, chemicals, corrosives, food products, and other bulk commodities. The company also provides access to new and used trailer inventory, all-makes parts, and repair and services. In addition, it manufactures and sells parts and components, including fenders, axles, brakes, and wheels for light-duty trailers. Further, the company offers bulk order clothing program through which it sells apparel, accessories, and other products through online ordering. Polar Corporation was founded in 1939 and is based in Minnetonka, Minnesota. It has locations in Minnetonka and Holdingford, Minnesota; and Azle, Texas.
Polar is a well-established company. It was founded way back in 1939. This time-proven company loves to hire graduates from Metropolitan State University, with 9.2% of its employees having attended Metropolitan State University. Want to explore some other great places to work in the United States? You can check out our full list of Best Companies to Work For in the United States. The average employee at Polar makes $56,971 per year, which is competitive for its industry and location. Some of its highest paying competitors, ALPHA SYS, Crown Equipment, and Stewart & Stevenson, pay $64,067, $51,908, and $51,712, respectively.
A large manufacturing company with 2,016 employees and an annual revenue of $571.0M, Polar is headquartered in the United States.

The Organization’s Mission

We are committed to provide total quality partnerships with our customers and suppliers to assure our mutual success.

Industry

Manufacturing

Revenue

$571.0M

Employees

2,016

Founded in

1939

Headquarters

-

Website

www.polartank.com

Organization Type

-

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Polar Salaries

How much does Polar pay?
The national average salary for a Polar employee in the United States is $56,971 per year. Employees in the top 10 percent can make over $100,000 per year, while employees at the bottom 10 percent earn less than $32,000 per year.
8.4
Salary Score
Average Employee Earnings

Polar Salaries By Job Title

While the average employee salary at Polar is $56,971, there is a big variation in pay depending on the role. The higher paying positions at Polar include Technology Architect, Software Developer, Quality Analyst And Tester, and Project Manager. A worker with the title Technology Architect salary at Polar can earn an average yearly salary of $111,853. Other roles at Polar include Waitress and Cashier. A Waitress at Polar earns an average yearly salary of $20,881.

Polar Careers

On average, employees at Polar stay with the company for 2.7 years. Employees most commonly join Polar after leaving US Army. When they leave Polar, they most frequently get their next job at Walmart.

Average Length of Employment
ALPHA SYS3.1 years
AMERICAN TECH2.8 years

Polar

2.7 years
Top Employers Before Polar
US Army9.7 %
Walmart9.7 %
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Top Employers After Polar
Walmart12.7 %
US Army9.1 %
Lowe's8.2 %
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Polar Financial Performance

9.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

1939

Organization type

-

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Polar Competitors

Based on our research, similar companies to Polar are ALPHA SYS, Crown Equipment, and Stewart & Stevenson. The average salaries at ALPHA SYS rank the highest, with their employees earning an average salary of $64,067 per year. The salaries at Crown Equipment average $51,908 per year, and the salaries at Stewart & Stevenson come in at $51,712 per year.
Company
Average Salary
$46,631
$47k
$44,486
$44k
IND SERVICE
IND SERVICE
$44,297
$44k

Frequently Asked Questions about Polar

When was Polar founded?

Polar was founded in 1939.

How many Employees does Polar have?

Polar has 2,016 employees.

How much money does Polar make?

Polar generates $571.0M in revenue.

What industry is Polar in?

Polar is in the manufacturing industry.

What is Polar's mission?

Polar's mission statement is "We are committed to provide total quality partnerships with our customers and suppliers to assure our mutual success."

Who are Polar's competitors?

Polar competitors include ALPHA SYS, BIG TEX TRAILER MFG, AMERICAN TECH, Prudential Overall Supply, SAF, Wabash National, Schwan's, Wastequip, American Industries, North American Container, Featherlite, IND SERVICE, McElroy Metal, Reddy Ice, JIMS, Universal Forest Products, Stewart & Stevenson, Great Western Mfg, Armour, Crown Equipment.

What is Polar's website?

You can find the Polar website at www.polartank.com.

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You can find out what it is like to work at Polar, also known as POLAR CORP, Polar Co and Polar Corporation.

Zippia gives an in-depth look into the details of Polar, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Polar. The employee data is based on information from people who have self-reported their past or current employments at Polar. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Polar and its employees or that of Zippia.