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Flexpak Packaging Manufacturers

Employee Ownership

Flexpak, one of Arizona’s leading packaging manufacturers, continually strives to build strategic partnerships by first gaining an understanding of your business objectives, then presenting a distinct portfolio of resources and services to meet those needs. As problem solvers, Flexpak creates market driven solutions, assisting customers to expand their target markets and achieve profitable results.

When we say Flexpak, we are referring to the people who make up one of Arizona’s leading packaging manufacturers. By encouraging initiative within our employee-owners we shorten the time it takes to create and implement new processes and procedures. This ensures that we will continue to offer you, our customer, the highest quality products and services. When you work with us, our commitment to being a world-class company is evident in everything we say and do.

Flexpak founder and Chairman of the Board, Donald Bond believes ensuring Flexpak’s longevity involves building relationships with employees, customers and suppliers by cultivating a culture of honesty, fairness, reason, and doing the right thing.

“We committed ourselves to make our company last by implementing an Employee Stock Ownership Plan (ESOP) in 1988,” Mr. Bond said, “As of 2010, employees own just a little more than 50 percent of the company. My goal is to get 100 percent employee ownership,” he said. “ESOP is a great way to maintain ownership longevity of the company.”

“Employee ownership has its benefits,” Steve Murray, President of Flexpak, said recently in a PlasticsNews article. “Motivation, the pure fact of being an owner, your decisions and approach to the business are that of an owner. It gets you more engaged in the business.”

“We are very open-book with our employees regarding our company and what we’re trying to do,” Mr. Bond said. “We’re trying to help employees think like owners. Seventy-five percent of employees have been with the company five years or more. We’re trying to reward longevity. We look at the long term, not short term.”

“Flexpak is not like publicly traded companies that have to show results every quarter. Sadly, many people’s images of American business are the stories of the high-powered, high-paid, high-bonused executives that have to show quick-term results. Then they collect their bonus and they’re off to another job. In my business, you can’t do that. If your goal is to build something to last, you have to look at what it takes to make it last.”

“I think that’s the reason we’ve lasted long-term,” Mr. Bond said. “I’m proud of our ability to stay in business almost 40 years when there is such a high mortality rate among companies like ours.”

For Mr. Bond, it isn’t about being the biggest…it’s about being the best.

As the world economy dictates new levels of competitiveness and time-to-market, Flexpak, one of Arizona’s leading packaging manufacturers will work with you to meet the most demanding production requirements.

Contact Flexpak Corporation today for more information about packaging manufacturers and more including our packaging company, packaging services and packaging solutions.