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NACD Presents 2011 Distributor of the Year to Donna and Jim Boldt
BONITA SPRINGS, Fla., Nov. 9, 2011 /PRNewswire-USNewswire/ -- Donna D. Boldt, President, Deeks & Company, Inc., Stone Mountain, Georgia and James (Jim) Boldt, Vice President Sales, Deeks & Company were both named the 2011 Distributor of the Year by the National Association of Chemical Distributors (NACD) today. Their service to the Association in many different leadership roles has been an outstanding example of their steadfast commitment to the chemical distribution industry.
The Boldts received their awards today during a General Session of NACD's Annual Meeting, where they were commended for their unwavering commitment to the mission and goals of the Association and consistently promoting the benefits of NACD and Responsible Distribution. They were also recognized for strong and positive leadership both on the regional and national level and for always putting the Association first. Last year's award winner Bruce Whetter, President, Americhem Sales, presented the awards. In doing so he said, "For years, both Donna and Jim have worked tirelessly to make our industry even better. Their commitment to service, quality and excellence has benefited NACD tremendously and we are all proud that Donna and Jim Boldt are each winners of the Distributor of the Year."
Donna Boldt began her service to the association back in 2002 when she chaired the Factory Pack Industry Council. She also served on the Supplier Relations Committee for three years. She then became a Director-at-Large on the Board for three years all while beginning to climb through the ranks of Officers in the Southern Region, including President.
Jim Boldt served on the Government Affairs Committee for several years, ending with the Chairman role. He then took over as the Chairman of the NACD Responsible Distribution PAC and really helped reinvent that program. His commitment to grassroots advocacy and his strong leadership has helped the association become more proactive in its advocacy efforts and placed the association in a better position to have influence in Washington, D.C.
The National Association of Chemical Distributors (NACD), established in 1971, is an international association of chemical distributor companies that purchase and take title to chemical products from manufacturers. Member companies process, formulate, blend, re-package, warehouse, transport, and market these chemical products exclusively for an industrial customer base of approximately 750,000 in the United States. This year, NACD celebrates the 20th Anniversary of Responsible Distribution, an initiative designed by and for members as an independent program specific to the domestic and global needs of the chemical distributor, as well as the 40th anniversary of the Association. For additional information, visit NACD at www.nacd.com.
The Boldts received their awards today during a General Session of NACD's Annual Meeting, where they were commended for their unwavering commitment to the mission and goals of the Association and consistently promoting the benefits of NACD and Responsible Distribution. They were also recognized for strong and positive leadership both on the regional and national level and for always putting the Association first. Last year's award winner Bruce Whetter, President, Americhem Sales, presented the awards. In doing so he said, "For years, both Donna and Jim have worked tirelessly to make our industry even better. Their commitment to service, quality and excellence has benefited NACD tremendously and we are all proud that Donna and Jim Boldt are each winners of the Distributor of the Year."
Donna Boldt began her service to the association back in 2002 when she chaired the Factory Pack Industry Council. She also served on the Supplier Relations Committee for three years. She then became a Director-at-Large on the Board for three years all while beginning to climb through the ranks of Officers in the Southern Region, including President.
Jim Boldt served on the Government Affairs Committee for several years, ending with the Chairman role. He then took over as the Chairman of the NACD Responsible Distribution PAC and really helped reinvent that program. His commitment to grassroots advocacy and his strong leadership has helped the association become more proactive in its advocacy efforts and placed the association in a better position to have influence in Washington, D.C.
The National Association of Chemical Distributors (NACD), established in 1971, is an international association of chemical distributor companies that purchase and take title to chemical products from manufacturers. Member companies process, formulate, blend, re-package, warehouse, transport, and market these chemical products exclusively for an industrial customer base of approximately 750,000 in the United States. This year, NACD celebrates the 20th Anniversary of Responsible Distribution, an initiative designed by and for members as an independent program specific to the domestic and global needs of the chemical distributor, as well as the 40th anniversary of the Association. For additional information, visit NACD at www.nacd.com.
NACD Member Companies Deliver Safety Rating Excellence
Today, the National Association of Chemical Distributors (NACD) announced that its members excel when it comes to safety during the Association's 40th Annual Meeting. In fact, NACD members were 80 percent better than their non-member industry peers in 2010 and more than twice as safe as compared to all U.S. manufacturing during the same period, according to 2010 data released in late October from the Bureau of Labor Statistics and NACD's 2011 Membership and Safety Report. In fact, NACD members experienced nearly one-half fewer lost workday cases than the industry as a whole.
In addition, NACD members were 20 percent better than the overall industry for total recordable cases (TRC), which includes injuries and illnesses not resulting in a lost work day and NACD members had nearly half as many TRCs as manufacturing as a whole.
NACD's Responsible Distribution program, a signed commitment of membership designed to continuously improve performance in environment, health, safety and security, has over the past twenty years lifted members' safety performance to the forefront of the industry.
"One of our most valued programs at NACD is the Responsible Distribution program," stated NACD Chairman Andrew Skipp, President/CEO of Hubbard-Hall, Inc. "Our company values its employees and wants to provide a safe environment for them. Responsible Distribution not only keeps us safer, but it also increases employee morale and a positive attitude in the workplace. This just makes good business sense to treat employees well and thereby increase the health of the company."
These results are remarkable in a difficult economy. NACD members remained focused on safety and performance even as the markets were continuing to pressure their bottom line. NACD members collectively drove more than 156 million miles and delivered 1.22 tons of product every second.
"Our members prove their commitment to their employees by continuously improving the workplace environment as evidenced in their collective safety statistics," said NACD President Chris Jahn. "Through Responsible Distribution, members strive toward the goal of being the best that they can be. We will continue to support our members and our industry in maintaining a safe, secure, and healthy work environment."
NACD's Annual Meeting drew more than 575 attendees at the Hyatt Coconut Point in Bonita Springs, Florida.
The National Association of Chemical Distributors (NACD), established in 1971, is an international association of chemical distributor companies that purchase and take title to chemical products from manufacturers. Member companies process, formulate, blend, re-package, warehouse, transport, and market these chemical products exclusively for an industrial customer base of approximately 750,000 in the United States. This year, NACD celebrates the 20th Anniversary of Responsible Distribution, an initiative designed by and for members as an independent program specific to the domestic and global needs of the chemical distributor, as well as the 40th anniversary of the Association. For additional information, visit NACD at www.nacd.com.
In addition, NACD members were 20 percent better than the overall industry for total recordable cases (TRC), which includes injuries and illnesses not resulting in a lost work day and NACD members had nearly half as many TRCs as manufacturing as a whole.
NACD's Responsible Distribution program, a signed commitment of membership designed to continuously improve performance in environment, health, safety and security, has over the past twenty years lifted members' safety performance to the forefront of the industry.
"One of our most valued programs at NACD is the Responsible Distribution program," stated NACD Chairman Andrew Skipp, President/CEO of Hubbard-Hall, Inc. "Our company values its employees and wants to provide a safe environment for them. Responsible Distribution not only keeps us safer, but it also increases employee morale and a positive attitude in the workplace. This just makes good business sense to treat employees well and thereby increase the health of the company."
These results are remarkable in a difficult economy. NACD members remained focused on safety and performance even as the markets were continuing to pressure their bottom line. NACD members collectively drove more than 156 million miles and delivered 1.22 tons of product every second.
"Our members prove their commitment to their employees by continuously improving the workplace environment as evidenced in their collective safety statistics," said NACD President Chris Jahn. "Through Responsible Distribution, members strive toward the goal of being the best that they can be. We will continue to support our members and our industry in maintaining a safe, secure, and healthy work environment."
NACD's Annual Meeting drew more than 575 attendees at the Hyatt Coconut Point in Bonita Springs, Florida.
The National Association of Chemical Distributors (NACD), established in 1971, is an international association of chemical distributor companies that purchase and take title to chemical products from manufacturers. Member companies process, formulate, blend, re-package, warehouse, transport, and market these chemical products exclusively for an industrial customer base of approximately 750,000 in the United States. This year, NACD celebrates the 20th Anniversary of Responsible Distribution, an initiative designed by and for members as an independent program specific to the domestic and global needs of the chemical distributor, as well as the 40th anniversary of the Association. For additional information, visit NACD at www.nacd.com.
Chemical Distribution Industry Posts Impressive Growth During 2010
Thanks to keen and focused management, members of the National Association of Chemical Distributors (NACD) have posted strong results coming out of the recession.
The Association’s annual Company Productivity Report (CPR) shows NACD member companies achieved strong profitability in 2010. In particular, nominal dollar sales rose 12.9%, 24.0%, and 11.7% for the LIQ, FPP, and BPM groups* respectively. While physical throughput of pounds of chemicals moving through the warehouse (without 3rd party), sales were 7.9% lower in 2010 (as compared to 2009) for the LIQ group, the FPP and BPM groups saw a 16.0% and 13.4% rise, respectively.
Overall profitability, as measured by the performance ratio “before tax return on net worth (i.e., owner’s equity)” for 2010 was 19.3%, 48.5%, and 36.3% for the LIQ, FPP, and BPM groups respectively. For every group, this 2010 profitability performance was sharply higher than that which was experienced in 2009.
“The recession had its effect on NACD’s members, as it did on all industrial sectors,” said NACD President Chris Jahn. “But on the whole, it weathered the storm better than other industries, due largely to a strong, conservative management culture backed by a commitment to Responsible Distribution, NACD’s management performance practice.”
Our member companies tell us that among the benefits they see in participating in Responsible Distribution are stronger risk management, reductions in insurance claims and costs, assistance with regulatory compliance, conservation of company resources, development of systematic employee training, and better documentation of company policies,” Jahn continued. “As our nation comes out of this recession, thanks to their commitment to Responsible Distribution, our member companies will be stronger than ever.”
The NACD Company Productivity Report (CPR) is an annual financial ratio benchmarking analysis tool for member firms to evaluate their company’s operating results in order to pinpoint strengths and weaknesses, and improvement opportunities. Participating firms receive an overall industry-wide report as well as an individual report containing the firm’s own ratios calculated alongside the appropriate industry comparatives.
*LIQ – Firms with 75% or more of sales from Liquids (bulk/repackaged)
FPP - Firms with 75% or more of sales from Factory Packaged Products (liquid and/or dry)
BPM Balanced Product Mix (neither LIQ or FPP)
NACD and its over 400 member companies are vital to the chemical supply chain providing products to over 750,000 end users. They make a delivery every six seconds while maintaining a safety record that is more than twice as good as all manufacturing combined. NACD members are leaders in health, safety, security, and environmental performance through implementation of Responsible Distribution, established in 1991 as a condition of membership and a third-party verified management practice. For additional information on our members, their safety record or NACD, visit NACD at www.nacd.com.
The Association’s annual Company Productivity Report (CPR) shows NACD member companies achieved strong profitability in 2010. In particular, nominal dollar sales rose 12.9%, 24.0%, and 11.7% for the LIQ, FPP, and BPM groups* respectively. While physical throughput of pounds of chemicals moving through the warehouse (without 3rd party), sales were 7.9% lower in 2010 (as compared to 2009) for the LIQ group, the FPP and BPM groups saw a 16.0% and 13.4% rise, respectively.
Overall profitability, as measured by the performance ratio “before tax return on net worth (i.e., owner’s equity)” for 2010 was 19.3%, 48.5%, and 36.3% for the LIQ, FPP, and BPM groups respectively. For every group, this 2010 profitability performance was sharply higher than that which was experienced in 2009.
“The recession had its effect on NACD’s members, as it did on all industrial sectors,” said NACD President Chris Jahn. “But on the whole, it weathered the storm better than other industries, due largely to a strong, conservative management culture backed by a commitment to Responsible Distribution, NACD’s management performance practice.”
Our member companies tell us that among the benefits they see in participating in Responsible Distribution are stronger risk management, reductions in insurance claims and costs, assistance with regulatory compliance, conservation of company resources, development of systematic employee training, and better documentation of company policies,” Jahn continued. “As our nation comes out of this recession, thanks to their commitment to Responsible Distribution, our member companies will be stronger than ever.”
The NACD Company Productivity Report (CPR) is an annual financial ratio benchmarking analysis tool for member firms to evaluate their company’s operating results in order to pinpoint strengths and weaknesses, and improvement opportunities. Participating firms receive an overall industry-wide report as well as an individual report containing the firm’s own ratios calculated alongside the appropriate industry comparatives.
*LIQ – Firms with 75% or more of sales from Liquids (bulk/repackaged)
FPP - Firms with 75% or more of sales from Factory Packaged Products (liquid and/or dry)
BPM Balanced Product Mix (neither LIQ or FPP)
NACD and its over 400 member companies are vital to the chemical supply chain providing products to over 750,000 end users. They make a delivery every six seconds while maintaining a safety record that is more than twice as good as all manufacturing combined. NACD members are leaders in health, safety, security, and environmental performance through implementation of Responsible Distribution, established in 1991 as a condition of membership and a third-party verified management practice. For additional information on our members, their safety record or NACD, visit NACD at www.nacd.com.
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