We are thrilled to announce that Speedrack Products Group has officially become a 100% employee-owned company through the implementation of our new Employee Stock Ownership Plan (ESOP)!
This transition is a key part of our long-term business strategy, ensuring stability for our employees, customers, and the communities we serve. While our leadership, operations, and commitment to excellence remain unchanged, our employees now have a direct stake in our shared success.
Employee ownership strengthens our dedication to long-term relationships and reinforces our commitment to delivering the high-quality products and services you rely on. Studies show that ESOP companies experience stronger growth and employee retention, and we’re excited about what this means for the future of Speedrack.
For nearly 70 years, Speedrack has thrived as an industry leader, and with this exciting new chapter, we’re more committed than ever to innovation, service, and shared success.
Thank you for being part of our journey—here’s to the future of Speedrack, owned and driven by our incredible employees!
