Written on: August 11, 2024
The Michigan Chapter of The ESOP Association has awarded Crystal Flash with its highest honor for the second time in five years.
(GRAND RAPIDS, MI) — Crystal Flash, Inc., a fuel distribution company serving residential, commercial, and agricultural customers across Michigan, has received the distinction of being named 2024 Employee-Owned Company of the Year by The Michigan Chapter of The ESOP Association. The company was also the recipient of the same award in 2020.
Winning the Employee-Owned Company of the Year award is an honor based on a few specific criteria. Most importantly, the winning company must demonstrate a commitment to encouraging a sense of employee ownership, providing consistent, effective and open employee communication, and fostering an environment of employee participation. In addition, the company must be financially solvent and have a record of more than two years of sponsorship in The ESOP Association.
“The Michigan Chapter of The ESOP Association is proud to announce Crystal Flash, Inc. as its 2024 Employee-Owned Company of the Year. Education, leadership, and participation are key factors in the company’s success — as is its advocacy for employee ownership. From attending Chapter and National ESOP conferences, to developing its own internal ESOP Certification program and supporting more than 125 local community organizations, Crystal Flash exemplifies what it means to be a successful employee-owned company. The Michigan Chapter of The ESOP Association congratulates Crystal Flash on winning this prestigious award a second time,” said Chapter Executive, Rita Tucker.
“Winning this award again is a huge honor,” said Crystal Flash President/CEO Brad Gandy. “Our employee owners are actively involved in the company’s success, from developing industry-leading customer service practices to giving back to the local communities we serve. This recognition fuels our passion to keep building an even better Crystal Flash for future generations.”
ABOUT CRYSTAL FLASH, INC. Based in Grand Rapids, Michigan, Crystal Flash, Inc., is a 100% employee-owned fuel distribution company serving residential, commercial, and agricultural customers across Michigan and other Midwestern states. Established in 1932, Crystal Flash specializes in the sale and distribution of propane, fuels, and lubricants. The company currently has more than 300 employee owners. Learn more about careers at Crystal Flash at crystalflash.com/careers. ABOUT THE ESOP ASSOCIATION Dedicated to education, The ESOP Association attracts more than 10,000 people annually to its 18 chapters and five national meetings — including the Las Vegas Conference & Trade Show, which is the largest ESOP event in the world. The Association’s mission is to educate about, and advocate for, employee ownership, with an emphasis on ESOP.
