The Vacuum Power Equipment Company opened its doors for business in 1934, beginning a long tradition of manufacturing air brake and valve components for heavy trucks. In 1940, the corporate name was changed to “Velvac” in response to the popularity of the company's Velvet Vacuum Brakes brand. In the mid 1950's, Velvac began producing a range of “west coast” mirror heads for North American truck manufacturers, becoming an OEM supplier of mirrors to GM in 1956. This started Velvac's growth and eventual leadership in supplying vision systems to the North American commercial vehicle market. Their product line has expanded over the years and now includes over 4,000 popular vehicle components.Velvac is a well-established company. It was founded way back in 1934. This time-proven company loves to hire graduates from University of Wisconsin Colleges, with 25.0% of its employees having attended University of Wisconsin Colleges. Want to explore some other great places to work in Wisconsin? You can check out our full list of Best Companies to Work For in Wisconsin.Based in Wisconsin, Velvac is a small retail company with only 88 employees and an annual revenue of $57.6M.
Velvac's mission statement
To keeping our customers in the commercial truck, recreational vehicle and specialty vehicle industries at the forefront of safety, aesthetics, and competitiveness.
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Velvac is ranked #98 on the Best Retail companies to work for in Wisconsin list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
We calculated Velvac’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Velvac’s workforce.
Velvac diversity summary. Zippia estimates Velvac's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Velvac's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Velvac's workforce.
Velvac has 88 employees.
24% of Velvac employees are women, while 76% are men.
The most common ethnicity at Velvac is White (79%).
11% of Velvac employees are Hispanic or Latino.
5% of Velvac employees are Black or African American.
The average employee at Velvac makes $32,675 per year.
Employees at Velvac stay with the company for 5.9 years on average.
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Velvac financial performance
8.6
Performance score
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Zippia gives an in-depth look into the details of Velvac, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Velvac. The employee data is based on information from people who have self-reported their past or current employments at Velvac. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Velvac. The data presented on this page does not represent the view of Velvac and its employees or that of Zippia.
Velvac may also be known as or be related to VELVAC INC, Velvac, Velvac Holdings and Velvac Inc.