company introduction for september 17, 2014 jim gribbins, founder and president

Company Introduction for

September 17, 2014

Jim Gribbins, Founder and PresidentRichard Daugherty, Industrial Accounts Manager

Today’s Presentation

The Value of

Gribbins Insulation About our company Our work

Past projects Client relationships

Award winning safety program Fit Tight Covers

About Gribbins Insulation Owned and managed by Jim Gribbins since

founding in 1985 Headquartered in Evansville, Indiana, with five

regional offices and warehouses Indianapolis and Terre Haute, Indiana; Robinson, Illinois;

Louisville and Paducah, Kentucky

Management, supervision, and administrative team average over 24 years in the insulation industry

Average 250 employees including over 200 field employees, 13 estimator/project managers, and 4 full time safety professionals

Core Values

Financials

Operating Line of Credit: $8 million Since 2008 Average Annual Sales of $31.4

million with average net profit of $3.1 million Current financials

Current ratio: 3.1 Quick Ratio: 2.9 Bonding Capacity: $20 million

Our Work

Project sizes range from $500 to $40 million

Work throughout the Midwest

Industrial Contractors Skanska

Fluor

Sterling Boiler

BMW Constructors

Duke Energy

Indianapolis Power & Light

Toyota

Alcoa

Marathon Petroleum

Elanco

Freitag-Weinhardt

Wilhelm Construction

Bristol-Myers

Major Clients::

Duke Energy IGCC ProjectEdwardsport, IN

Marathon PetroleumRobinson, IL

Abencs Abengoa Ethanol PlantWest Franklin, IN

Commercial Work

Long-Term Maintenance Relationships

Alcoa

Eli Lilly – Clinton

Eli Lilly – Indianapolis

Bristol-Myers Squibb

Toyota

Mead Johnson

Indianapolis Power & Light

Marathon

AK Steel

Countrymark Refinery

AGC

Swift Foods

Vectren

Embedded Insulation Maintenance Contractor at:

Gribbins management team actively engaged with all locations.

Strong Relationship with Union

Largest employer of the insulator craft in our Indiana and Kentucky markets

Signatory to multiple insulator and sheet metal local unions

Jim Gribbins is current chairman of the National Asbestos Workers Pension and Medical Fund

National Insulation Association Board Member

National Union Insulation Contractor’s Alliance Board Member

Multiple projects worked under National Maintenance Agreement

Safety Highlights Current EMR is .67 – below .77 for the past 14 years

ZERO RECORDABLES in 2013

OSHA Voluntary Protection Program (VPP) Star Status at Marathon Petroleum in Robinson, IL, and Eli Lilly in Indianapolis, IN

Metro Indianapolis Coalition for Construction Safety (MICCS) IOSHA Certified Partner

Member of the VPP Participants’ Association and the National Safety Council

Behavior-based safety program certified by the Cambridge Center for Behavioral Studies

Safety Awards

Named one of America’s Safest Companies by EHS Today in 2011 and featured on the cover in July 2013

NMAPC Zero Injury Safety Awards, annually since 2009

Marathon Illinois Refining Division Manager’s Contractor Safety Excellence Award Winnger – 10 consecutive years

2013 MICCS Crystal Eagle – first specialty contractor in award’s history

2014 Indiana Governor’s Workplace Safety Award – 3rd year

National Insulation Association Theodore H. Brodie Platinum Award, three consecutive years

National Safety Council named Jim Gribbins a 2012 CEO Who Gets It, along with Dow Chemical CEO

ICA Pinnacle Award, twice, and Summit Award, five times

2012 Toyota Supplier Safety Award

2011 CURT (Construction Users Roundtable) CISE Award

25+ Safety Awards since 2010

Gribbins

Fit Tight Covers Designs and fabricates high quality, custom

removable insulation covers All types of mechanical systems and equipment

Same ownership Accelerated lead times and cost reductions for our

clients Completed projects for clients from California

to New York

Why Gribbins Insulation?

Same ownership and management since 1985

Stable company with strong financials Proven experience with variety of industrial

and commercial projects Strong relationships with clients and union Award-winning safety program Provide best-in-class service, quality, and

price to our clients

THANK YOU

Jim Gribbins

President

jgribbins@gribbins.com

Richard Daugherty

Industrial Accounts Manager

rdaugherty@gribbins.com

This presentation and additional documents are

available for download at our website:

www.gribbins.com/graycor