CTL Engineering, Inc.
An Employee Owned Company
May - July Newsletter
 


Message From The President


"Dear Fellow Employee Owners"


We are in the middle of a busy summer season and I am sure many of you are so busy that you do not have the time to think. In order to give you some time to relax the Fun Czar Committee has decided to have a day at Cedar Point. This will be an opportunity for you to relax with your family and also get to meet fellow employees and their families. I look forward to seeing all of you there as well.

As you know the Fun Czar committee was created to facilitate all of us having fun while working. Relatively, the Personnel Committee of the Strategic Planning Group chaired by Tim Rice of Morgantown, has decided to survey CTL employees to find out your needs and wants. Please cooperate with them, so that we can find ways to make your life easier at CTL. An independent group will perform the survey. Therefore, your answers will remain confidential and without repercussions. Thank you all in anticipation of cooperation.

Other Strategic Planning Committees are Operations chaired by Steve Fenton of the Durham Office, Marketing Committee chaired by David Fransen of Columbus, and Finance Committee chaired by Kevin Reichert of Wapakoneta. I am sure these gentlemen will listen to suggestion from one and all. This will help them come up with a better plan.

I am sure all of you ESOP Participants have received the annual statements. We did convert to an S Corporation as of January 1, 2005 and the fiscal year also changed to the calendar year. Last fiscal year was short and only 9 months long. Overall performance for the short year was excellent and I would like to congratulate and thank each one of you. Keep up the good work and we will all be the beneficiaries of this good work.

Outlook for this fiscal year appears to be good. However, we need to be diligent and pay heed to changes that are going on around us. Please feel free to bring to the attention of your immediate supervisor changes that you may see. This will help us adapt to the changes. Change is Constant. The only way we will remain the best is to change and adapt.


Thank you all for your cooperation.

C.K. Satyapriya
President
 

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