Crystal Flash Honored by The ESOP Association
The Michigan Chapter of The ESOP Association has named Crystal Flash Inc. (Grand Rapids, Mich.) its 2020 Company of the Year, an award given to businesses demonstrating a commitment to fostering a sense of employee ownership in the company.
Winning the ESOP Company of the Year award is an honor based on several specific criteria. Most importantly, the winning company must demonstrate a commitment to encouraging a sense of employee ownership, as shown by the company’s involvement with The ESOP Association, the manner in which the company communicates with employees, and the manner in which it values employee participation and individual dignity. In addition, the firm must be financially solvent, and must have a record of more than two years of sponsorship in The ESOP Association.
A statement released by The ESOP Association reads, “The Michigan Chapter of The ESOP Association is proud to announce Crystal Flash Inc. as their 2020 ESOP Company of the Year. Family values, education, and participation are key factors in the company’s success and the promotion of employee ownership. From attending Chapter and National ESOP conferences to being involved in more than 170 local events, Crystal Flash teammates are proud of their company and their ESOP! The Michigan Chapter of The ESOP Association congratulates Crystal Flash Inc. and looks forward to honoring them at one of our upcoming events.”
Crystal Flash Inc. president/CEO Tom Olive recently shared his positive reaction to receiving this award: “The employee owners of Crystal Flash are singularly focused on delighting the customer with safe, timely deliveries of the fuel products they need to be successful. Team CF’s dedication to serving the customer, working together as a team, and living our values every day is a perfect match for the virtues of employee ownership. We are honored to be recognized by The ESOP Association and will strive to continue delivering at these high standards in the coming decades.”
As the winner of the 2020 Michigan Company of the Year award, Crystal Flash Inc. will also be entered as a candidate for The ESOP Association’s 2020 national awards. The winner of the 2020 National ESOP Company of the Year will be announced later this year.
Winning the ESOP Company of the Year award is an honor based on several specific criteria. Most importantly, the winning company must demonstrate a commitment to encouraging a sense of employee ownership, as shown by the company’s involvement with The ESOP Association, the manner in which the company communicates with employees, and the manner in which it values employee participation and individual dignity. In addition, the firm must be financially solvent, and must have a record of more than two years of sponsorship in The ESOP Association.
A statement released by The ESOP Association reads, “The Michigan Chapter of The ESOP Association is proud to announce Crystal Flash Inc. as their 2020 ESOP Company of the Year. Family values, education, and participation are key factors in the company’s success and the promotion of employee ownership. From attending Chapter and National ESOP conferences to being involved in more than 170 local events, Crystal Flash teammates are proud of their company and their ESOP! The Michigan Chapter of The ESOP Association congratulates Crystal Flash Inc. and looks forward to honoring them at one of our upcoming events.”
Crystal Flash Inc. president/CEO Tom Olive recently shared his positive reaction to receiving this award: “The employee owners of Crystal Flash are singularly focused on delighting the customer with safe, timely deliveries of the fuel products they need to be successful. Team CF’s dedication to serving the customer, working together as a team, and living our values every day is a perfect match for the virtues of employee ownership. We are honored to be recognized by The ESOP Association and will strive to continue delivering at these high standards in the coming decades.”
As the winner of the 2020 Michigan Company of the Year award, Crystal Flash Inc. will also be entered as a candidate for The ESOP Association’s 2020 national awards. The winner of the 2020 National ESOP Company of the Year will be announced later this year.
SOURCE: The Weekly Propane Newsletter, July 9, 2020. Weekly Propane Newsletter subscribers receive all the latest posted and spot prices from major terminals and refineries around the U.S. delivered to inboxes every week. Receive a center spread of posted prices with hundreds of postings updated each week, along with market analysis, insightful commentary, and much more not found elsewhere.
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