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February is American Heart Month

February 1, 2016

Poor diet, lack of exercise and other major risk factors for heart disease and stroke are responsible for at least 25 percent of companies’ healthcare costs. Is it any wonder that investing in the health of employees is one of the best... Read more about February is American Heart Month

Take care of your equipment and it will take care of you! #130

January 18, 2016

As easy as it is today, cleaning the floors were as difficult and time consuming years ago. There are in today’s market, equipment that make sweeping and/or scrubbing that surface very quick indeed. Take the Advance Captor as a very good... Read more about Take care of your equipment and it will take care of you! #130

Are you treating your customers like dogs?

December 15, 2015

Having recently been introduced to a shameful statistic, I thought it timely to give you my opinion on this subject. See if you can swallow this dose of reality: When interviewed, travel agents believe they retain 78% of their paying customers.... Read more about Are you treating your customers like dogs?



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Hannibal Industries Stock More Than Doubles Since ESOPs Formation

Wednesday, October 30, 2013

Hannibal Industries announced that since it became an employee stock ownership plan (ESOP) company in 2008, its share value has increased by 124%. As part of the nationally recognized Employee Ownership month in October, Hannibal Industries gave its first cash payout to an employee today.

“Five and a half years ago when Hannibal Industries was about to be sold by our parent company, we knew we could do better as a company owned by the employees. There is a pride that comes with being an employee owner,” said Blanton Bartlett, president of Hannibal Industries. “We are proud to say that after a lot of hard work and dedication to this company and its success as an ESOP, the employees have increased our share value significantly. The company has kept promises to employees, and we have committed to the success of Hannibal Industries together.”

Left to right: Hannibal Industries President Blanton Bartlett, Ruth Barajas, Arturo Barajas, Martha Barajas, Hannibal Industries VP of Finance Heidy Moon.

At today’s celebratory pancake breakfast culminating the Employee Ownership month, Arturo Barajas received a check that represents his payout as a retiring employee. Hannibal has been a stalwart leader not just in its steel products that are used globally by some of the largest companies in the world, but by being an example of financial stability through an ESOP structure.

“Hannibal Industries truly respects the job well done that Arturo demonstrated in his commitment to the company and its goals over the years. We are delighted to be giving this check out today as he moves on to the next phase of his life,” continued Bartlett.

Hannibal Industries’ ESOP was established in March of 2008. Employee ownership creates equitable wealth for employees, and research on ESOPs has shown that they build successful, competitive companies that often pay higher wages than non-ESOP companies. Additional information on ESOPs can be found on the ESOP Association website here: www.esopassociation.org.

For additional information on Hannibal Industries’ complete storage solutions and tubing offering, visit www.hannibalindustries.com. Connect with Hannibal Industries on Twitter @HannibalRack, the HannibalRack YouTube channel and on LinkedIn.

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