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Ron Smith, Ohio Valley founding
partner and team member, retires
Ron Smith, long-time “Thanks, Ron for the thousands of
Ohio Valley team member times you taught and reminded
and an original founder
of that office, recently us to pay attention to drawings,
retired. Steve Renshaw, to anchor bolts, to check again
President of Ohio Valley, just to be sure, to be careful and
wrote the following
message thanking Ron safe, to take care of equipment,
for his contribution to Ron Smith and to care for the customer.”
the company. 13
What a wonderful journey it has been with Ron just knew he would ask the right questions, be
Smith as our coach and leader of Field Operations. supportive and give us wise counsel for the good of
It all started when he and Ray Donnell founded the company, but more so because he cared for the
the company in 1984. Then he and Ray sold the people he worked with.
company to Gray in 1999. It is difficult to imagine Thanks, Ron for the thousands of times you taught
our company without the steady hand of Ron on the and reminded us to pay attention to drawings, to
steering wheel. Ron has decided it is time for a new anchor bolts, to check again just to be sure, to be
journey/chapter to begin and will be retiring on July careful and safe, to take care of equipment, and to
3rd. As I type this out, I feel like I need to go down care for the customer. Thanks for the many times we
to the shop and ask Ron to hang with us another 5 asked for help at the last minute expecting miracles
years or so. But it is time to be happy for him and from you. We did get a lot of those too.
the plans he has for the future. And a BIG thanks for being a good friend and
Ron has been the solid cornerstone of the mentor to all of us you walked along with for
company for 36 years. His integrity, judgement and 36 years.
humility have been leaned on by all of us again and Ron, now go enjoy a wonderful time in retirement
again. We know the comfort we get that comes where the only reason to look at the weather is to
from “go talk to Ron and see what he thinks.” We plan trips, gardening and golf.
ESOP Statements
ESOP statements for plan year 2019 additional 11% return! Since the ESOP was
were mailed out on July 24th so be on the created at the beginning of 2011, we’ve
lookout for yours! Share price rose from been fortunate that our share price has
$25.30 to $28.86: an increase of $3.56, or increased every year. The increases have
a 14% return. In addition, the company been fueled largely by growth in the profits
paid dividends totaling just under $2.70 per of the company, which are the result of the
share (above and beyond those required collective efforts and personal growth of all
for taxes), which equates to just under an Gray team members.
