Large companies and small towns are sometimes a perfect fit. The most well-known example of this is Wal-Mart Stores Inc., which is the world’s largest retailer but is headquartered in tiny Bentonville, AR (population: 35,000). Much less known is the pairing of Indar Electric S.L. (a leading global manufacturer of rotary electrical machinery) and Beasain, a town of about 14,000 in the Basque province of northern Spain.
For many of Indar’s 76 years in business, it has been headquartered in Beasain. There, the company operates a large, state-of-the-art production facility that produces generators for the wind industry, as well as hydro generators and electric propulsion motors for large vessels and yachts.