Reprinted with permission of the St. Louis
Post-Dispatch, copyright 2001
3 FIRMS HERE WIN GOVERNOR'S AWARDS
Jerri Stroud
June 1, 2001
Three St. Louis
area companies are among this year's winners of Gov. Bob Holden's awards for
economic development.
Holden
was scheduled to present the awards today at the Governor's Conference on
Economic Development at the Lodge of the Four Seasons in Lake Ozark, Mo.
Trinity Products Co., a steel
piping and accessories maker in O'Fallon, Mo., was the top winner, getting the
governor's achievement award and an award for innovative training and
work-force development.
Trinity,
founded in 1979, got involved with the state economic development department in
1999, when it had to move because of construction of the St. Charles Family
Arena, said Vincent Hasen, vice president and a co-owner with founder Robert
Griggs.
Trinity
adopted "open-book" management, which involves sharing financial
statements with all employees at monthly meetings. By getting its 42 employees
interested in the company's performance, Trinity has managed to double its
sales in four years to the current $10 million, Hasen said. Trinity also has
reduced turnover, a major problem for welding companies.
"Everybody
takes ownership in the company," Hasen said. "They see how their
piece of the pie affects the over-all organization. It crease a sense that,
'Not only am I working for the company, I'm working for me.'"
The
other St. Louis area winners were:
*
Multi-Scribe Communicative Services Inc. of Hazelwood, winner of the governor's
small business award, recognizing Multi-Scribe's success in developing
interactive software that helps businesses improve their communications, cut
costs, increase sales and respond more quickly to customers.
*
Celox Networks Inc., a maker of telecommunications switches, winner of the
technology award. Celox's switch allows cable, telephone and Internet
businesses to provide a variety of services with greater security and
flexibility. Celox's main development office is in St. Louis, but its
headquarters is in Massachusetts, and it has a development center in Bangalore,
India.