NORTH VENICE, Florida – (COMMERCIAL THREAD) –PGT Innovations (NYSE: PGTI) announced a one-time share grant that will provide ten shares of the company to each of its team members who are not already participating in the company’s annual long-term incentive plan. As of July 2, every employee of PGT Innovations will also be a shareholder in the company for the first time in the history of the company.
“Every member of our team comes together, day in and day out, to make PGT Innovations the best window and door company in the industry,” said Jeff Jackson, CEO and President of PGT Innovations. âI couldn’t be more proud of our people and the work they do. I wanted to show them how much their hard work and dedication is appreciated. ”
This unique and special share grant is just the latest in a culture of employee-centric programs at PGT Innovations. In March, the company unveiled its new 7,500 square foot daycare center serving employees as well as neighbors in the community. Last fall, in the aftermath of Hurricane Irma, PGT Innovations provided water, generators, gasoline, chainsaws and Publix gift cards to their extended family. The company also offered 12-month interest-free loans to employees needing financial support immediately after the storm.
This year, the company also increased its salary structure, offered bonuses of $ 200 to all hourly employees and created the Inspire the Future scholarship program. The ongoing scholarship program for its employees will provide $ 1,000 per year, per team member to help offset the high costs of continuing education. The scholarship money will go to their dependents’ high school education and can be used for any pursuit of high school, including a technical school, certification program, university, or community college until the end of the education program.
âWe manufacture high quality windows and doors at our facilities across Florida,â Jackson explains, âbut a business, by definition, means a group of people working together. This is the raison d’Ãªtre of PGT Innovations. These are our people because without them our products could not be made and our customers could not be served. We want our team members to come to work every day knowing that they are appreciated and that they are working for a company that cares about them and their family.
About PGT Innovations
PGT Innovations, headquartered in North Venice, Florida with more than 2,800 employees statewide, creates value through deep customer relationships, understanding an industry’s unexpressed needs, and a willing to create the strongest, safest products on the market and a commitment to always move forward. The company’s trusted brands include CGIÂ®,
PGTÂ® Custom Windows and Doors and WinDoorÂ®. PGT Innovations is the country’s largest manufacturer of impact resistant windows and doors, holds the leading position in its core market and is included in the S&P SmallCap 400 Index. For more information, visit www.pgtinnovations.com.