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Jasper Engines & Transmissions Announces Record-Setting ESOP Share Value!

 

 

Associate-Owner shareholders in the Jasper Engines & Transmissions Employee Stock Ownership Plan (ESOP) were treated to another record-setting share value April 25th.  A total of  $9,963,676 in new shares was distributed to 2,316 eligible Associate-Owners.

 

JASPER® share value has experienced rocket ship growth since the inception of its ESOP in 2009 at $2.30 per share.  JASPER Chairman/CEO Doug Bawel was thrilled to announce to Associate-Owners the 100% Associate-Owned company’s new share value was $220.55 for 2016, up 20.6% over 2015!

 

“To put your company in perspective,” Bawel told Associate-Owners, “the NASDAQ, S & P 500, and the Dow averaged 10.1% growth in 2016, and you averaged 20.6%, which is double what those three did last year.”

 

Bawel shared, “JASPER has been blessed, and has so much to be thankful for, including four record-setting years.”  He added the company is very thankful for all the hours, efforts and 18,400+ Continuous Improvement ideas of our Associate-Owners in making 2016 such a success.  “As you can see, we have had great growth in our share value since we started our plan, and we have outperformed Apple, Ford, Microsoft, General Electric and 98% of all publicly-traded companies.  

 

“If we stay committed to Safety, Quality, Productivity, Customer Service and Reduction of Waste, we can, and will continue, to be very successful,” he added. 

 

Today, Jasper-Weller has 11 remanufacturing plants, 75 branch locations and 3000+ Associate-Owners across the United States.

 

 

Automotive Trivia 4/28/17

Friddle: What is the term for a 4-stroke internal combustion piston engine in which one or more
valves in the fully open position extends into any area that a piston may travel into?
Check our blog next Friday for the answer and another Friddle.
Last Week’s Friddle: 
Which U.S. state uses the license plate slogan "The Spirit of America"?
Last Week’s Friddle Answer: Massachusetts

Last Week’s Friddle Contest Winner: No Winner

 

 

Country Music Comes to JASPER

Country music singer/songwriter, Colton James, has become a regular visitor at Jasper Engines & Transmissions in recent months, not only to show his support for the 190 military veteran Associate-Owners that work at our facilities, but to share information about his project Harvest 4 Heros.

Harvest 4 Heros helps fund the support for our wounded war veterans in providing them an opportunity to visit a retreat just outside Norfolk, Virginia. This retreat is designed to meet the needs of our wounded veterans and provide bonding opportunities for them and their families while partaking in hunting, fishing, camping and other outdoor activities.

His most recent visit was on April 5th to shoot a music video for his song, "Brave Men", a tribute to all who served in the Armed Forces. Some of JASPER's military veteran Associates were asked to participate in James' video, and contribute a picture of themselves in uniform for the video shoot.

"We are really excited to be at Jasper Engines & Transmissions, in the fact that you employ so many veterans across the country," said James. "One thing this video is going to stand for is going to be representing what all our brave men and women do."

 

 

Automotive Trivia 4/21/17

Friddle: Which U.S. state uses the license plate slogan "The Spirit of America"?
Check our blog next Friday for the answer and another Friddle.
Last Week’s Friddle: 
Which American automobile brand offers the Compass compact crossover SUV?
Last Week’s Friddle Answer: Jeep

Last Week’s Friddle Contest Winner: Tim

 

 

 

Automotive Trivia 4/14/17

Friddle: Which American automobile brand offers the Compass compact crossover SUV?
Check our blog next Friday for the answer and another Friddle.
Last Week’s Friddle: 
In what year did Pontiac introduce the Firebird?
Last Week’s Friddle Answer: 1967

Last Week’s Friddle Contest Winner: No Winner

 

 

 

Automotive Trivia 4/07/17

Friddle:  In what year did Pontiac introduce the Firebird?
Check our blog next Friday for the answer and another Friddle.
Last Week’s Friddle: 
What vehicle was introduced on April Fools' Day in 1970?
Last Week’s Friddle Answer: AMC Gremlin

Last Week’s Friddle Contest Winner: To Be Announced

 

 

Automotive Trivia 3/31/17

Friddle:  What vehicle was introduced on April Fools' Day in 1970?
Check our blog next Friday for the answer and another Friddle.
Last Week’s Friddle: 
Which German inventor/mechanical engineer is credited with the
invention 
of the diesel engine?
Last Week’s Friddle Answer: Rudolf Diesel

Last Week’s Friddle Contest Winner: To Be Announced

 

 

Automotive Trivia 3/24/17

Friddle:  Which German inventor/mechanical engineer is credited with the invention of the diesel engine?
Check our blog next Friday for the answer and another Friddle.
Last Week’s Friddle: 
Which Japanese automaker used the slogan "The beauty of all wheel drive"?
Last Week’s Friddle Answer: Subaru

Last Week’s Friddle Contest Winner: Michael G. - Sanford, FL

 

 

Automotive Trivia 3/17/17

Friddle:  Which Japanese automaker used the slogan "The beauty of all wheel drive"?
Check our blog next Friday for the answer and another Friddle.
Last Week’s Friddle: 
Which Italian automaker produces the mid-engined Aventador?
Last Week’s Friddle Answer: Lamborghini

Last Week’s Friddle Contest Winner: No Winner

 

 

 

Automotive Trivia 3/10/17

Friddle:  Which Italian automaker produces the mid-engined Aventador?
Check our blog next Friday for the answer and another Friddle.
Last Week’s Friddle: 
What does the automotive-related acronym RPO stand for?
Last Week’s Friddle Answer: Regular Production Option

Last Week’s Friddle Contest Winner: No Winner