February 2018 Strengthening Communities by Advancing Manufacturing A NEW YEAR! Another year has come and gone - we are all excited for 2018! At the end of 2017, the new EDM machine for the Tooling division arrived; Reko s new logo was introduced; the Reko Rising 455 project was well underway; and we rolled out our new website and new phone system! 2017 was a busy year, and we look forward to an even busier 2018. It is with excitement and anticipation that we look forward to all the opportunities, challenges and celebrations this year will bring! Progress on the new Automation facility Machining big parts! St. Clair College & University of Windsor Annual Job Fair On January 24, 2018, our team had a booth at the job fair to accept resumes and talk with students.
REKO ANNOUNCES ITS 25 TH CONSECUTIVE PROFITABLE QUARTER Reko s first quarter experienced lower volumes of work due to delays in program kickoffs, stated Diane Reko, chief executive officer. Results were also impacted by the investment in new talent required for the additional capacity and opportunities associated with our expansion to be completed in 2018. Three Months (unaudited) Fiscal Fiscal 2018 2017 Sales $8,761 $10,360 Net income 255 636 EPS basic 0.04 0.10 Working capital 16,567 20,378 Shareholders equity 43,370 42,532 Shareholders Equity per Share 6.74 6.61 DON T FORGET ABOUT OUR EMPLOYEE REFERRAL PROGRAM Positions available: Reko Automation: Controls Engineer Machine Builder Service Technician Machinist Mechanical Designer Quality Superintendent Parts Co-Ordinator Reko Tool: Spotter Concorde: Machinists Preparation for the new gun drill machine, which arrived January 20, 2018
CHRISTMAS PARTY Thanks to everyone who was able to make it out to the annual Christmas party! The raffle money this year went to the Iris Residential Inns and Services - $1,500 was raised. Thank you to everyone who participated. CONGRATULATIONS TO ALL OUR CHRISTMAS PARTY WINNERS! Superstore Gift Card... Jason Poisson LCBO Gift Card... Jason Poisson Petro Can Gas Card... Mike Introcaso Best Buy Gift Card... Phil Green Spagos Gift Card... Frank Varady Day Off (Concorde)... Mike Ly Day Off (Automation)... Charbel Nakhle Day Off (Tool)...Greg Carr Television... Kyle Stewart FRANK SZEDLAK AWARD This year s recipient of the Frank Szedlak Award was Home Instead Senior Care - Santa for a Senior program. The submission was made by Jason Bula, who accepted the $500 cheque on behalf of Home Instead Senior Care.
SOCIAL COMMITTEE CHILDREN S CHRISTMAS PARTY On Sunday, December 3, the Social Committee held it s first Childen s Christmas Party - even Santa attended! The Social Committee put the party on with proceeds from their fund-raisers, so thanks to everyone who supported the fund raisers throughout the year. Jennifer Reaume from Windsor Photo Booth was on hand to take pictures of the kids and families with Santa. REKO IN THE COMMUNITY Junior Achievement World of Choices The team spoke at the Junior Achievement World of Choices event held Wednesday, November 22, 2017 at the Fogular Furlan Club. Junior Achievement is Canada s largest youth business education organization. This specific event brings female high school students together with career mentors to explore different career paths. Annual Musketeer Collection Thank you to everyone who helped to make this year s support of a local family through the Musketeers a huge success! Your gifts and monetary donations gave this family a wonderful Christmas. Thanks to Jenna Knapp for ALL the gift wrapping she helped with! Special thanks to Greg Denomey for coordinating this event every year, and to his family who help with the shopping, wrapping and delivery.
ACCOUNTING & FRIENDS CHRISTMAS POTLUCK The annual potluck was held in the Accounting Department on Monday, December 18. Thanks to everyone who participated! ANNUAL CHRISTMAS SHOP PARTY, DECEMBER 22 Thanks to Reko for another great yer-end plant party! CONGRATULATIONS TO JEFF WIRCH, WHO WON THE CHRISTMAS BASKET DRAW!
REKO WELCOMES.. Zander EDM Operator Reko Tool Jordan Gundrill Operator Reko Tool Mike Senior Electrician Reko Automation Daniel Programmer Concorde Precision Kevin Boring Mill Operator Reko Tool Ashley Custodian Concorde & Reko facilities Gene Director Business Development Reko International Group Mark Director Reko Automation
CONGRATULATIONS TO. Mitch Suchiu, winner of the November Employee Appreciation Draw HOLIDAY SCHEDULE 2018 Family Day... February 19 Good Friday... March 30 Victoria Day... May 21 Canada Day... July 2 Civic Holiday... August 6 Labour Day... September 3 Thanksgiving... October 8 Christmas Day.. December 25 Boxing Day... December 26 New Years Day.. January 1/19 Without continual growth and progress, such words as improvement, achievement, and success have no meaning. Benjamin Franklin November Mark Bakos - $187.50 December Jeff Digou - $152.00 January Dave Haug - $150.00