Salem Distributing Co. recognized for success

WINSTON-SALEM, NC - Salem Distributing Co., the parent company of Salem Stone, a Winston-Salem, NC-based, employee-owned company has been recognized as the Carolina’s Chapter 2007 ESOP “Company Of The Year.” This annual award is sponsored by the National ESOP Association in Washington, DC. This year’s award continues to honor the success of employee-owned businesses and their employee-owners whose growth and contributions exemplify the qualities and benefits of employee ownership. Winners of this year’s regional competition will vie for the national honor to be announced at the 30th Annual National ESOP Conference, taking place this month in Washington, DC.

Salem was founded in 1934 as the Siewer’s Sales Agency, and began under its current name in 1972 following a change in ownership. Today, this 100% employee-owned company is comprised of four distinct business units: Salem Flat Glass, Salem Vision, Salem Advanced Surfacing Materials and Salem Stone. It has successfully managed this complex relationship of industries, equipment and materials to build a wealth of product and process knowledge unique to a single company.

Only into the third year of 100% employee ownership, Salem has made great strides in a corporate restructuring initiative, which included reinventing its corporate culture to focus on empowering, inspiring and challenging its employee-owners. The bottom lines of this initiative were to better serve and grow its customer base. The results yielded an impressive 15% growth in the first half of 2006 that yielded Salem’s recognition as one of the Triad area’s “FAST 50,” a business growth competition.

Michael Keeling, President of the ESOP Association stated at the presentation, “Salem [Distributing Co.], based in the furniture capital of the world, has been able to diversify in a way to combat the negative effects of off-shore imports,” he said. “It is the ESOP spirit that has enabled them to grow and succeed despite market adversities. Salem is clearly a vibrant company that is poised for continued growth in the global economy in which they participate.”

Did you enjoy this article? Click here to subscribe to Stone World 

You must login or register in order to post a comment.



Image Galleries

Cevisama product gallery 2015

The 2015 edition of Cevisama was a showcase of the latest trends in tile design, including textured surfaces, colorful mosaics and worn concrete aesthetics

Stone World Magazine

Stone World April 2015 cover

2015 April

This issue of Stone World contains our annual “Report from Brazil.” In addition to articles on Granito Zucchi and Antolini’s operations, there are several other features on Brazilian stone producers as well as a review of the show, including a Stone Gallery of the many stones that were displayed on the exhibition floor.

Table Of Contents Subscribe

Contemporary Stone & Tile Design Magazine

CSTD Spring 2015 cover

2015 Spring

In this issue of Contemporary Stone & Tile Design, we bring you our annual focus on Kitchen & Bath Design. From a beach-inspired bathroom design to a kitchen backsplash made of circular mosaic tile, the following are filled with illustrations of innovative and unique uses of stone and tile.

Table Of Contents Subscribe


Are you aware of the new stone standard – ANSI/NSC 373 Sustainability Assessment for Natural Dimension Stone?
View Results Poll Archive

The Stone World Store

How to Polish & Restore Marble Flooring

This video will show you step-by-step how to resurface and polish marble flooring from grinding and removing lippage and scratches to achieving a highly reflective polish.

More Products

Stone Industry Education

Stone Industry Education

From marketing and much more!  We provide natural stone professionals with stone knowledge and education they can count on, as well as great networking opportunities. Click here to go to Stone Industry Education.


facebook logo Twitter  YouTubeGoogle+

Stone Guide 2014

2014 Stone World Stone Guide

The directory for Stone, Equipment and Supplies - the single information resource readers turn to.