News & Views
Restek Wins Company of the Year
Oct 03 2017 Read 885 Times
Restek was awarded Company of the Year from The Pennsylvania/Delaware Chapter of The ESOP Association during its annual conference on 14 September in Scranton, PA.
This is the second time Restek has won the award, having also received the honour in 2007. Over the years, many ESOP conferences have included a Restek employee as a session speaker, and two employees have also won the chapter’s Employee-Owner of the Year award.
“Employees at Restek are fully engaged in the ownership culture. They also have done wonderful work in advocacy both in Pennsylvania and in Washington DC. Restek is very deserving of this award and should be a top contender to win the national award at The ESOP Association meeting next May,” Jeff Gelburd, Chapter President, said. The PA/DE chapter is one of 18 that provide educational services and resources to its members across the country.
An employee stock ownership plan (ESOP) is a business structure in which the employees of the company are also owners. Restek transitioned to 100% ESOP on 31 December 2008.
“Restek is a family-oriented company that is owned by its employees. While our business is scientific, our culture is all about teamwork and taking care of our fellow employees so that we can better serve our customers and our community. We are honoured to be recognised by the ESOP Association and encouraged to continue serving others through our business, our charity, and our ESOP advocacy,” said Bryan Wolcott, Restek President and Head Coach.
With over 450 employees across the US, China, Japan, Italy, France, Germany, and the UK, Restek has earned a reputation in the scientific community for unbeatable Plus 1 service and innovative, top-quality chromatography products.
Recently, Restek, along with the PA Center for Employee Ownership, taught students from South Hills School of Business and Technology in State College, PA, about employee ownership and the benefits of working for an employee-owned company. Students from three majors—business, information technology, and graphics—took a tour of Restek’s facility, attended an in-lab chromatography demonstration, and received education about ESOPs and Restek—as well what Restek does for the community and the environment.
In addition to this most recent recognition, Restek has been named one of PA’s best places to work several times and has also been named one of The Wall Street Journal’s Top Small Workplaces.
Do you like or dislike what you have read? Why not post a comment to tell others / the manufacturer and our Editor what you think. To leave comments please complete the form below. Providing the content is approved, your comment will be on screen in less than 24 hours. Leaving comments on product information and articles can assist with future editorial and article content. Post questions, thoughts or simply whether you like the content.
In This Edition Articles - Using Electron Paramagnetic Resonance (EPR) to Track Free Radicals in the Environment - Determining Hazardous Substances at Arm’s Length - Column Technology for...
View all digital editions
Sep 25 2018 Kielce, Poland
Sep 27 2018 Manchester, UK
Oct 02 2018 Utrecht, Holland
Oct 09 2018 Gothenburg, Sweden
Oct 10 2018 Yangon, Myanmar