Winland Electronics, Inc.
W. Kirk Hankins likes to say Winland Electronics, Inc. had three beginnings, one in 1972, another in 1984 and a third in 1995.
Today the Mankato company is recognized as one of Minnesota’s fastest growing electronics manufacturers, guided by a master plan that many of its 125 employees had a hand in crafting. It’s set impressive sales and profit records for three consecutive years, streaking ahead at 40 percent annually, and netting $856,000 on revenues of $18 million in 1998. Earnings per share tripled in that period and more money than ever is being spent on research and development, according to Hankins, who is chief executive officer and chairman of Winland’s board.