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1 Company Introduction for September 17, 2014 Jim Gribbins, Founder and President Richard Daugherty, Industrial Accounts Manager
2 The Value of Gribbins Insulation About our company Our work Past projects Client relationships Award winning safety program Fit Tight Covers
3 Owned and managed by Jim Gribbins since founding in 1985 Headquartered in Evansville, Indiana, with five regional offices and warehouses Indianapolis and Terre Haute, Indiana; Robinson, Illinois; Louisville and Paducah, Kentucky Management, supervision, and administrative team average over 24 years in the insulation industry Average 250 employees including over 200 field employees, 13 estimator/project managers, and 4 full time safety professionals
4
5 Operating Line of Credit: $8 million Since 2008 Average Annual Sales of $31.4 million with average net profit of $3.1 million Current financials Current ratio: 3.1 Quick Ratio: 2.9 Bonding Capacity: $20 million
6 Project sizes range from $500 to $40 million Work throughout the Midwest Major Clients:: Industrial Contractors Skanska Fluor Sterling Boiler BMW Constructors Duke Energy Indianapolis Power & Light Toyota Alcoa Marathon Petroleum Elanco Freitag-Weinhardt Wilhelm Construction Bristol-Myers
7 Duke Energy IGCC Project Edwardsport, IN
8 Marathon Petroleum Robinson, IL
9 Abencs Abengoa Ethanol Plant West Franklin, IN
10 Commercial Work
11 Embedded Insulation Maintenance Contractor at: Alcoa Eli Lilly Clinton Eli Lilly Indianapolis Bristol-Myers Squibb Toyota Mead Johnson Indianapolis Power & Light Marathon AK Steel Countrymark Refinery AGC Swift Foods Vectren Gribbins management team actively engaged with all locations.
12 Largest employer of the insulator craft in our Indiana and Kentucky markets Signatory to multiple insulator and sheet metal local unions Jim Gribbins is current chairman of the National Asbestos Workers Pension and Medical Fund National Insulation Association Board Member National Union Insulation Contractor s Alliance Board Member Multiple projects worked under National Maintenance Agreement
13
14 Current EMR is.67 below.77 for the past 14 years ZERO RECORDABLES in 2013 OSHA Voluntary Protection Program (VPP) Star Status at Marathon Petroleum in Robinson, IL, and Eli Lilly in Indianapolis, IN Metro Indianapolis Coalition for Construction Safety (MICCS) IOSHA Certified Partner Member of the VPP Participants Association and the National Safety Council Behavior-based safety program certified by the Cambridge Center for Behavioral Studies
15 25+ Safety Awards since 2010 Named one of America s Safest Companies by EHS Today in 2011 and featured on the cover in July 2013 NMAPC Zero Injury Safety Awards, annually since 2009 Marathon Illinois Refining Division Manager s Contractor Safety Excellence Award Winnger 10 consecutive years 2013 MICCS Crystal Eagle first specialty contractor in award s history 2014 Indiana Governor s Workplace Safety Award 3rd year National Insulation Association Theodore H. Brodie Platinum Award, three consecutive years National Safety Council named Jim Gribbins a 2012 CEO Who Gets It, along with Dow Chemical CEO ICA Pinnacle Award, twice, and Summit Award, five times 2012 Toyota Supplier Safety Award 2011 CURT (Construction Users Roundtable) CISE Award
16 Gribbins
17 Designs and fabricates high quality, custom removable insulation covers All types of mechanical systems and equipment Same ownership Accelerated lead times and cost reductions for our clients Completed projects for clients from California to New York
18 Same ownership and management since 1985 Stable company with strong financials Proven experience with variety of industrial and commercial projects Strong relationships with clients and union Award-winning safety program Provide best-in-class service, quality, and price to our clients
19 Jim Gribbins President Richard Daugherty Industrial Accounts Manager This presentation and additional documents are available for download at our website:
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