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• Secondly, I see the stockholders of the company as being strong for making the very
difficult decisions of changing the management of the company, acquiring existing
and new businesses as tenants and business partners and by investing in the future
of the company with remodeling and upgrading the facility.
• And lastly, a very nice strength is that many employees of Growers Ice Company feel
and are treated as though they are family. I have worked at a few other businesses
in the Salinas valley and only one other still holds a “Christmas” party for its
employees. Growers Ice is the exception yet again with the fact that they include a
family member as well. These are unheard of things in this day and age. This is a
true strength in the value that the company places in its employees and their time
and commitment.
• The people - we have some hard working, dedicated to the company – long-term
employees with valuable knowledge of company history.
• Employees have good relationships with customers.
• New employees who want to learn - and grow with the company.
• "New management” the Board is more involved now than ever in the workings of
the company. They seem to want to get things cleared up and going in the right
direction. With these three factors, we can make a difference in company success.
• Strong Industry Presence
• Solid Management Team
• Perceived stable company you can count on
• Major work processes well known and in place
• Well Known and Generally Good Reputation throughout the produce industry
• Known for good service and getting things done, bend over backward for customers,
customer satisfaction
• Historic location in Salinas
• Premium Salinas location for cooling
• One stop shop for cooling, cross dock services
• Key employees are well known in the industry and respected. Also very loyal to
company
• Vertically integrated as far as core precooling equipment such as ice generators and
injectors and owner/operators of facilities
• Established business and longtime customers
• Captive Market for mobile ice generators and injectors leases - no one else has them
• Goodwill and Industry standing
• Excellent industry experience
• Privatized water and road system - Growers Service Association
• GIC has a really friendly atmosphere. All the employees know each other and
generally are pretty relaxed around each other. This helps morale and employee
retention.
Prepared for Growers Ice Company, Inc.
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Jim White, PhD --- JL White International