Company Introduction for September 17, 2014 Jim Gribbins, Founder - PowerPoint PPT Presentation

Company Introduction for September 17, 2014 Jim Gribbins, Founder and President Richard Daugherty, Industrial Accounts Manager

The Value of Gribbins Insulation About our company  Our work   Past projects  Client relationships Award winning safety program  Fit Tight Covers 

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

 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

 Project sizes range from $500 to $40 million  Work throughout the Midwest Major Clients: : Industrial Contractors Skanska Toyota Fluor Alcoa Sterling Boiler Marathon Petroleum BMW Constructors Elanco Duke Energy Freitag-Weinhardt Indianapolis Power & Light Wilhelm Construction Bristol-Myers

Duke Energy IGCC Project Edwardsport, IN

Marathon Petroleum Robinson, IL

Abencs Abengoa Ethanol Plant West Franklin, IN

Commercial Work

Embedded Insulation Maintenance Contractor at: Alcoa Marathon Eli Lilly – Clinton AK Steel Eli Lilly – Indianapolis Countrymark Refinery Bristol-Myers Squibb AGC Toyota Swift Foods Mead Johnson Vectren Indianapolis Power & Light Gribbins management team actively engaged with all locations.

 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

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

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 – 3 rd 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 

Gribbins

 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

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

Jim Gribbins President jgribbins@gribbins.com Richard Daugherty Industrial Accounts Manager rdaugherty@gribbins.com This presentation and additional documents are available for download at our website: www.gribbins.com/graycor