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OWNER -TO- OWNER www.franklinbuildingsupply.com | 208-514-2200 | 9222 W. Barnes Dr., Boise, ID 83709 JULY 2023
EMPLOYEE OWNERSHIP MAKES A DIFFERENCE
5 Compelling Benefits to Consider For the sixth year in a row, the share price and value of Franklin Building Supply, the company you and your colleagues are 100% owners of, has increased. Let that sink in for a minute. Last year, the public stock market was down year over year. While I advocate strongly for diversified investments including 401(k), IRA, and long-term investment in the public stock market, we performed better, and I’m not surprised. Employee ownership makes a difference in the here and now and over the long term. Here’s what the statistics and research show about the difference employee-owned companies make compared to non- employee-owned companies: • Employee-owned companies, on average, perform better financially in terms of higher sales growth rates, higher profitability, better productivity, and higher long-term value. Why? Employees invest in themselves and reap the benefits of their investments over time.
• Employee-owned
companies, on average, have higher rates of
productivity and efficiency compared to non-employee- owned companies. Why? Employees have a direct stake in the outcome and are more motivated to work smarter, safer, and more efficiently. • Employee-owned companies, on average, are more innovative and adaptable. Why? Employees have more agency, ownership, and say in the decision-making process. • Employee-owned companies, on average, have higher rates of employee satisfaction and engagement. Why? Employees are more connected to each other and the company because their time is not just being rented, and they have an opportunity to build wealth through ownership. • Employee-owned companies, on average, last longer and are more stable. Why? Employees maintain a long-term perspective and have incentives for staying with the company for a decade or more, not just a few years. That’s a compelling list. As we celebrate employee ownership at locations throughout this summer, and bask in the glow of another year with a rising stock price and valuation, keep all these benefits in mind. These are reasons to stay, build a career, develop relationships, and bring the best you know to FBS to experience the same rewarding journey. Let’s finish these last six months of 2023 strong. Let’s run hard and invest in ourselves and each other to deliver exceptional outcomes and experiences for customers. Let’s keep each other safe and work diligently to put ourselves in a position to be proud of our performance given the backdrop of a challenging start to the year.
-Levi Smith PRESIDENT
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HIGH FIVES!
SAFE To: Pocatello Yard From: Kristine Coleman Everyone is always working hard while being aware of their surroundings and wearing that PPE!
STRIVE To: Louis Bourget, Boise From: Tyler Honn, Boise
GUIDE To: Robert Forbes From: Jerrid Brain
I would like to give a shoutout to Louis for showing our customer what being partners in the building industry looks like. Our customer had a Parade home, and they were not meeting their schedules. The metal stair rail was one of the last tasks and that fell to Louis to complete an impossible timeline. He was creative with figuring out solutions and communicated with the customer and vendor daily. Great job, Louis! That’s how you win over a customer for life!
I just wanted to send a huge shoutout and high five to Robert Forbes. I have been working on a commercial project for cabinets that was started with another salesperson. As we are working through our salesman worksheets, his communication and willingness to share knowledge and assistance helped immensely. It ensured the drafting and quoting were back to the customer in a timely manner and also helped me learn the worksheets better. I won’t (or shouldn’t) miss certain areas now because he took the time to explain certain nomenclature to use so we are all talking the same language and getting better. THANKS, ROBERT!
WOW To: Boise Yard Will-Call From: Tyler Honn
EASY To: Larry Rice From: Sierra Baker
Just got a text from Joe Lords with CBH. He had a will-call this afternoon and was extremely impressed with how fast they got his hanger and got him on the way. He called
Larry Rice went above and beyond to help a customer build a gate out of culled lumber from the yard. The customer was exceptionally impressed with Larry’s customer service. That customer will definitely be returning to Franklin.
it “Jimmy John’s fast.” Good job team!
MAKING BUILDING EASY One Improvement at a Time in Twin Falls
When the busiest time in our history came to an end last year, it showed. Our people were haggard, and our lumber yards were, too. Clutter was clogging our warehouses, labels were missing, and cleanup projects had been put on hold. Getting the job done was made more difficult by the obstacles left for another time. At the Twin Falls location, our folks decided to make their lives easier. The mountains of clutter getting in the way of having a productive day
being hidden by clutter. Sierra Baker, who works Inside Sales in Twin Falls, described how lean and safety go together: “Not only do you find the lean improvements, but you find the safety issues, too.” Sierra is seeing the benefits of an orderly work area in other ways, too. She said inventory counts go much faster, and customer service is quicker to respond in the yard. As the person in charge of stocking flooring, she can quickly see how much stock is on hand because it is all in one place. She says about the new process, “I can just look and go!” Our goal at FBS is to “Make Building Easy.” To do this, we improve the many steps it takes to serve the customer. This includes everything from stocking flooring to finding windshield wiper fluid in the truck shed. When it’s easier for us, it’s easier for the customer, too.
had to be sorted, returned to vendors, or thrown out. As John Moore, SCI Coordinator, described it, “You had to move 20 things to get one thing, and then you had to move those 20 things back!” The team started by fixing what bugged them. First, the supply sheds for trucks and forklifts were decluttered, and everything was given a designated spot and labeled. If anything is out of stock, it is easy to see. The supply sheds served as an example to the rest of the crew, and they applied the same ideas in different areas of the yard. In the process of cleaning up, we made some unexpected discoveries. Behind a pile of pallets, an exposed electrical wire was found, and in the workshop, some stain-soaked rags were waiting to ignite. After fixing these items, the crew is committed to preventing hazards from
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EO GUIDES 2023
Do you know your Location’s EO Guide? The EO Guides are an important FBS resource — volunteers who are trained and wllling to help you become stronger Employee Owners! Reach out to your location’s EO Guide with any ownership-related questions and ideas. SCAN THE CODE MEET YOUR GUIDE
AUGUST BIRTHDAYS
LOCATION - EMPLOYEE - YEARS AUGUST ANNIVERSARIES
Boise Twin Falls Treasure Valley Pocatello Treasure Valley Boise Boise Treasure Valley Jerome Truss Fruitland Treasure Valley Boise Finish Pocatello Boise Corporate Fruitland Sawtooth Door Boise Truss Boise
Jordan Shaffer Ryan Belveal Brittney Bourget Derek Byington Terren Conan Dennis Eichholz Dustin Soshea Gary St Cyr Ryan Teigen Evan De Laloe Guiseppi Imbriani Kaden Lemons Alan Pooley Ryan Richmond Sarah Spence Scott Still Jon Williamson Gonzalo Jimenez Agapito Bernal Paul Dean Larry Dille Taylor Shanda Gabe Taylor Derek Taylor Eddie Alcantar KC Croner
1 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 5 5
Corporate Caldwell Jerome Truss Boise Truss Twin Falls Burley Boise Boise Corporate Caldwell Boise Jerome Truss Boise Treasure Valley Boise Truss Burley
John Hinshaw Tim Kackley Freddy Ruiz James Vogel Kale Black Freddie Caldera Joel Garcia Nate Hamson Zac Luker Brenner Morrow Kevin Teague
5 5 5 5 6 6 6 6 6 6 6 7 7 7 8 9 9
Muhamed Delic Joel Garcia Melody Jones
Isaac Hazelbush Mario Alvarez Jaime Bermudez Jerrid Brain Mike Jones Payson Lucero Tyler Honn Wendy Arens Todd Vickhammer Anthony Henry Nicholas Torres Spencer Davis Clay Gummersall Michael Purcell Dave Cuanas Daniel Daigneault Kevin Montgomery Robert Tomlinson Jacob Weaver Jose Corona
1 1 1 3 3 4 4 4 5 6 6 6 6 7 7 8 8 9 9
12 14 14 15 15 15 16 17 17 19 19 20 21 23 24 24 24 24 26 28 28 29 29 30
Gregorio Andres Layne Bingham Jacob Hess Juan Madrigal Sevilla Joe Marcotte Steve Bayne Sean Armstrong Mackinley Lawson Adam Palmer James Vogel Russ Hinds Lane Tibbett Brenton Black Monty Montgomery
Dan Diehl Tyler Honn
Ritchie Rodriguez Osvaldo Rodriguez Eric Heiden
Bellevue Pocatello Pocatello Boise
Donnie Karst John Hughes
11 11 18 19 23 26 26 29 39
Drew Ruffridge Muhamed Delic Paul Ludwig Dustin Wickel Jeff Christoffersen
Amanda James Timber Pickett Melissa Murano
Bellevue Gooding
Pocatello Caldwell Pocatello Fruitland Corporate Sawtooth Door
10 10 11 11 11
Boise Boise Boise Jerome Truss Fruitland
Linda Szerwo Dahlen Arens
Jayar Lamadrid Betsy Hayhurst Scott Penrod Robert Rogers
Jeff Thomas Adam Ingle Brian Smith
David Cruz JJ Johnson
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PRST STD US POSTAGE PAID BOISE, ID PERMIT 411
www.franklinbuildingsupply.com 9222 W. Barnes Dr. Boise, ID 83709
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Employee Ownership Makes a Difference
High Fives!
Letting the Value Flow in Twin Falls
EO Guides 2023
August Birthdays and Anniversaries
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In the Spotlight
Here at Franklin Building Supply, our team members mean so much to us, and Dathan Williams, a yard manager at our Elko, NV, location, is a prime example of that. In 2015, Dathan joined our team as a load builder at the Pocatello store. Two years later, life took him in a completely different direction. Dathan returned to the company in 2020 and chose to make Franklin Building Supply a career. Having Dathan with us for about five years in total has been wonderful — he is efficient, friendly, kind, caring, and great at his job. As the yard manager, he is constantly on the move and wears many hats as he navigates many roles. We like to joke that he is a dispatcher, load builder, receiver, and truck driver, all bundled up into one. He always puts our customers first — a quality we truly admire. “I love having a variety of roles to play,” Dathan tells us. “My friends and family always call me a jack of all trades, and I love that I can showcase that in my job. Making a difference in my yard team, the customers, and the store as a whole is in the foundation of everything I do.” Dathan has a wife and five children under the age of nine; he has five dogs, too! “My family is the thing that drives me the most,” Dathan says. “Supporting my kids in all of their endeavors and spending quality time with the wife and dogs is absolutely what gets me out of bed every day.” With this in mind (and likely because he used to be a police officer, too), safety is No. 1 for Dathan. He recognizes that coming home to his family every day after work is paramount and makes every effort to keep himself and his team safe. Proud That Dathan Chooses to Call Us ‘Home’ IN THE SPOTLIGHT
When Dathan isn’t working, he can be located at the golf course, playing D&D with his buddies, coaching his children in baseball, or going on adventures while making memories with his family. Dathan, we are beyond thankful to have you on our team! Thanks for choosing to make us your career home!
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