Empowering Ownership: Speedrack’s Transition to an Employee-Owned Company
We are excited to share a major milestone in Speedrack Products Group’s journey: we’re now a 100% employee-owned company through our new ESOP (Employee Stock Ownership Plan). This move aligns with our long-term business succession plan, ensuring stability for customers, employees, and communities. Rest assured, this transition won’t affect management, operations, or our relationship with you.
Employee ownership strengthens our commitment to valued customers like you. It empowers our employees to contribute directly to our success, fostering lasting prosperity. Our dedication to you remains unwavering.
ESOPs lead to growth and employee retention. As an employee-owned entity, Speedrack’s distinct culture endures. We’re grateful for your trust and look forward to a flourishing future together.
Thank you for being part of Speedrack’s journey. Exciting times lie ahead for us and our valued customers.