Page 6 - Graypvine August 2022
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Ridge Industrial Park, where we have successfully     an overall continuation of the growth of our staff.
            developed approximately 1.5 Million square feet         As always, thanks to everyone at InLine Engineers
            across 125 acres in the last few years. Each time, we   for their hard work this past year!
            proudly partnered with Gray sister companies Ohio
            Valley and Willett Engineering for construction.                       Gray Solutions
              With the conclusion of our building in Southern                      with Walker Mattox
            Indiana we have pivoted to “what’s next” in                            Chief Executive Officer
            Kentuckiana and we are optimistic that in the coming
            months we’ll be able to announce some exciting new
            projects in the area. Outside of our home base here in   Gray Solutions is continuing to invest in our
            Kentucky, we will be breaking ground on a new facility   Solutioneers as we build a place where the best want
            in upstate South Carolina and continue to scout       to belong – we are proud to be nearly 300
            for the right opportunity to plant a flag in Alabama.   Solutioneers strong! We are excited to continue the
            Hopefully there will be more to come on that soon!    development of our team members, including hosting
      6                                                           our first leadership development summit in Lexington

                            InLine Engineers                      mid-July. As we look to our future, our people will
                            with Gary Sisler                      continue to be our single most important asset and
                            Director                              we will invest in their development and our business
                                                                  to support their growth. We recently welcomed
                                                                  Marcella Butler as our new Chief People Officer,
              It’s hard to believe we are already well into the 4th   Marcella joins us with a wealth of experience,
            quarter of the fiscal year. I’m happy to report that,   including AppHarvest, Impossible Foods and Google.
            similar to 2021, InLine Engineers will have another   We recently launched Lattice, our new Solutioneer
            solid year for sales in 2022, exceeding our plan. We   Engagement platform to empower our quarterly
            continue to work closely with the Gray family of      review process and streamline growth and goal
            companies on both project work and in cross-selling   setting for team members.
            and sharing of new opportunities. With inflation and    We are investing in our Innovation Center right here
            other economic factors, we have seen a recent dip in   in Lexington, with the addition of some new robotic,
            new order activity as well as a pause to some existing   and autonomous technology – including adding some
            projects. Currently, our sales pipeline does seem to   branding to our SPOT robot, and have already hosted
            be holding up reasonably well.                        multiple customers in the center (grand opening
              In 2022, we grew our management, engineering,       coming soon!)
            design, and support teams by around 20%, slightly       We recently made our aggressive sales goals for
            below our goal. Initiatives completed or started      FY22 with a couple months left in the year (I might
            in 2022 include: cohesive teams training for all      just raise them) and continue to develop our long
            employees, Project Management training, and an        term growth plan to ensure that Gray can remain
            upgrade to our CAD Design Team standards.             competitive in a world where our smart manufacturing
              We had some Derby fun in May, as we were able to    services are required by more and more customers.
            enjoy the races with some of our customers, vendor      This October, we will host the entire Gray Solutions
            partners, and Gray colleagues.                        team here in Lexington, alongside some Gray
              Looking to 2023, we plan to focus our efforts on    Construction events for Annual Meeting – can't wait
            improving the quality of our deliverables by improving/  to see everyone then!
            emphasizing all aspects of our work flow, a program
            to develop a group of Subject Matter Specialists, and
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