by: The National Center for Employee Ownership
Source: The National Center for Employee Ownership
Cal-Tex Protective Coatings, Inc. wants to be a company ofCEOs—Certified Employee Owners—who think and act like executives. Cal-Tex knows that the best way to improve business is to cultivate the contributions of each employee-owner and to ensure that every individual knows how he or she adds value to the company.
Cal-Tex, made up of just under 100 employees, has a signin front of its Schertz, Texas, headquarters proclaiming that it is 87% employee owned. They are glad to explain how their ESOP works to just about anyone who will listen, including the people who have walked in off the street to find out what the sign means—and if they're hiring (they're not).
Cal-Tex provides after-market products for automobiledealers. In an industry where car sales are down, Cal-Tex'srevenues have grown by almost 40% over the past two yearswithout adding a single employee.
Link: Cal-Tex Protective Coatings, Inc.
Publication Date: 2007-05-01