As we launch an amazing 2025, we take a moment to reflect on our achievements, challenges, and milestones that have defined the past year. With a growing team, record-breaking sales, and significant community impact, this year has truly been a testament to our commitment to excellence and innovation.
Company Overview & Year in Review
Growing Team: Over 150 new team members joined RAE Corporation, bringing our total workforce to 600+ employees.
Safety First: Workplace injuries decreased by 27%, a significant achievement! However, scrap and rework costs increased by $170K, highlighting areas for improvement.
Financial Performance:
Sales Bookings: Forecasted at $115 million, up from $105 million in 2023.
Dollars Shipped: $109 million, reflecting an impressive 26% growth over last year.
Profitability Challenges: Achieved 69% of our goal, down from 2022 and 2023 levels.
On-Time Delivery: 45% to date, a drop from 64% in 2023.
Backlog: $43.5 million, with 2025 projected to be a record-breaking year.
Sales & Operations Updates
Largest Order in History: A groundbreaking $35 million order for NAP.
Sales Records Broken: Coils, RSI, NAP, and Parts all set new benchmarks.
Major Facility Upgrades:
+66,000 sq. ft. of additional manufacturing space.
CO2 Coil Test Chamber rated up to 2000 PSI.
DMTC Test Lab scheduled for completion by December 31, 2024.
Infrastructure enhancements including a parking lot expansion, a new shipping yard, and office/bathroom renovations.
Community & Employee Engagement
Our commitment to giving back remained strong in 2024:
$80,000+ donated to local charities and community programs.
RAE Family Foundation Contributions:
$8,000 in emergency relief.
$4,000 in scholarships.
92 children received back-to-school support.
130 holiday meal baskets distributed.
119 children sponsored through the Angel Tree program.
Looking Ahead: Company Goals for 2025
Deliver an Exceptional Partner Experience:
Enhance communication and transparency.
Focus on quality and responsiveness.
Drive Growth & Opportunity:
Expand scalable projects and training.
Strengthen teamwork, problem-solving, and adaptability.
Be the Most Desirable Workplace:
Invest in leadership, culture, and employee engagement.
Actively seek and incorporate employee feedback.
2025 Planning & Future Vision
$8M+ in facility projects, including a new boiler, office expansions, and a larger shipping yard.
2025 Sales Goal: $135 million, with a focus on:
OEM growth for Century & TSI.
Expanding business for NAP partners.
New product development for Century.
Long-Term Vision: Empowering people, delighting partners, and driving innovation to become the most sought-after workplace and brand.
Employee Recognition & Awards
Peer PRAES Awards
Celebrating employees who embody RAE Corporation’s core values. 🏅 Winners: Allison Ford, Ben Graves, David Hadley, Halee Anderson, Hieu Nguyen, Jamie Vann, JD Gilbo, Josie Carter, JR Griffin, Karen Griffith, Kennan Lambdin, Leo Martinez, Mason Warren, Rainy Shae, Sean Smith, Shelly Casey, Stephanie Hall, Suzette Anderson.
Recognizing employees who contributed innovative ideas to improve processes and efficiency. 🏆 Record-Breaking Participation:
1,048 innovations submitted
371 winning ideas
$59,000+ awarded 💰 🏅 Winners: Michele Burnett, Drew Pease, Kimberly Long, Peter Dempsey, Vici Lawson, William Burling, Mathina Sellars, Ben Graves, Jesse Chancellor, Johnny Sixkiller.
Learning Hub Awards
Recognizing employees dedicated to continuous learning. 🏅 Winners: Sarah Lawrence, Charles Cowan, Kraig Sharp, Dylan Applegate, Chasity Watkins, Mackenzie Harms, Tonya Anziana, Matthew Feeling, Bri Collins, Kimberly Long, Caitlyn Reed, Kerri Burns, Samuel Downey, Nicholas Wray, Melanie Henry.
🏅 Additional Recipients: Brock Austin, Michael Barnett, William Burling, Taylor Carney, Aaron Christie, Justyn Dempsey, Tanya Downs.
Service Awards
Honoring long-tenured employees for their dedication:
20 Years: Ronnie Fisher, Karen Griffith, Cody Grubb, William Harris, Jaime Lule, Chris Messersmith, Kristen Moffit, Ariana Pace,Brandon Porter, Hector Rangel,Trevor Robison, Jessica Shea, Michael Shea, Chelsea Shoop, Terrance Smith, Anthony Vogt, Brock Austin, Michael Barnett, William Burling, Taylor Carney, Aaron Christie, Justyn Dempsey, and Tanya Downs.
25 Years: Paul Cooper, David Harris, John Hewitt, Dee Holt, Nathan Jenkins, Bradley Montoya, James Stewart, and Zachary Van Brunt.
30 Years: Jennifer Jackson, Rebecca Littledave, Shannon Littledave, Ramon Rodriguez, Weston Streber, Jimmie Collins, and Randall Henson.
35 Years: Stacy Pritchett, David Salmon, and Kraig Sharp.
40 Years: Jim Guyot and Alan Swank.
45 Years: Jesse Cochran! Thank you for 45 years!
A Heartfelt Thank You
As we close the year, we express our deepest gratitude to every member of the RAE Corporation family. Your dedication, innovation, and teamwork drive our success. Here’s to a fantastic 2025 filled with growth, opportunities, and continued excellence!
"Excellence Powered by People."
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