The SRC subsidiaries and joint ventures held a Wealth and Wellness event on June 24th at its Sunshine Street location. The event focused on family fun, philanthropy, and our future as employee-owners.
Employees and their families were invited to participate in games on the lawn, such as bubble ball, basketball, bounce houses, and other activities for children. Local wellness-based vendors and SRC subsidiaries and joint ventures were also in attendance to showcase services offered and activities for guests.
The employees of SRC and its joint ventures always look for ways to make an impact within the community with the help of its employees. Therefore, the group created a contest to raise money for charity in conjunction with the Wealth and Wellness event. From May 1 through June 24th, each company voted on a cause for which to raise money. The companies then held independent raffles, lunches, and other contests in order to raise funds for their given cause. As an enterprise, the employees were able to raise $17,200 for area charities.
Below is a list of charities which benefited from the contest.
In the midst of family fun and philanthropy, the SRC employee-owners also looked at the future of their employee stock ownership plan (ESOP) during the 2017 Shareholders' meeting, which was also held on the lawn at the Sunshine building. Employees learned about the current state of the company, a five year outlook, and the new stock price.
About the ESOP | SRC believes in sharing the wealth with those who helped create it. In fact, its ESOP is at no cost to the employee. In its history, SRC has paid out over $100M to associates leaving the company.
Learn more about our SRC subsidiaries and joint ventures.
About SRC Holdings Corporation | SRC Holdings Corp. is the oldest employee-owned remanufacturer to original equipment manufacturers (OEMs) in North America. Its associates have been leaders in core logistics, disassembly, cleaning, machining, assembly and testing everything from fuel injectors to large off-highway transmissions. The company is known worldwide for its open-book culture which espouses transparency, integrity, and economic literacy.