While the past two years have brought challenges, uncertainties and hardship, we are very proud of our employees’ strength and creativity to overcome these trials and meet the needs of our customers. As a result of exceptional performance, our employee-owners increased Diversified Plastics, Inc. (DPI) and Pacific Plastics Injection Molding (PPIM) share price by 36% in fiscal year 2021.
“This is another example of DPI being a great place to be — supporting a wonderful portfolio of customers and providing growth and financial opportunities for our employee-owners” says Kevin Hogan, chief executive officer.
Employees learned of the increase at ESOP annual meetings in California and Minnesota.
Proud to be owners as part of an ESOP (employee stock ownership plan) company, all employees are truly dedicated to the success of the company. This commitment results in innovative solutions to new applications, the highest quality products and exceptional service.