Friday, March 14, 2008
1.7 Billion Dollar Company
On Tuesday, we had our annual manager's meeting where our company executives talk about company performance for the previous year. It was very exciting. My company, Austin Industrial did $334 Million in revenue for 2007 and our parent company, Austin Industries, did $1.7 billion in revenue for 2007. Woohoo! That's important, because the company stock we are given (through our ESOP program) is for our parent company and reflects the performance of our 2 sister companies as well as my company. It's so cool to be given stock just for doing our jobs. Our stock is now worth $84.33; up from $8.79 when it was originally issued. It's a great feeling to know that we will be set for retirement if we work for this company. Can you afford to retire when you reach 65?
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