Peoples Services Inc

Peoples Services, Inc. Honored with a 2020 Business Growth Award

Peoples Services, Inc. Honored with a 2020 Business Growth Award

Peoples Services, Inc. (PSI) has been honored with a 2020 Business Growth Award and The Best Story in the Growth Award by Smart Business Magazine. The Business Growth Awards Program, presented by Cascade Capital Corporation, virtually recognized 32 businesses on October 1, 2020, from its seven-county northeast Ohio region that have achieved superior growth in sales and/or employment over the past five years.

Throughout the years, the Sibila family - who started the company in 1914 - has been active in many community services. Whether it is volunteering or sitting on boards in the community or trade associations, they have had continuous representation and leadership roles on local development agencies for decades. These include the Stark Development Board Team NEO, The Massillon Development Foundation, American Trucking Association, Stark County Port Authority, Stark State College, The Boy Scouts of America and NEOTEC – just to name a few.

“I’m so inspired by many of our employees who are involved in community projects and charities,” said Doug Sibila, President and CEO of Peoples Services, Inc. “They also make yearly donations to the charity of their choice.”

In 2018, chairman of the board, Ron J. Sibila, 2nd generation owner of Peoples Services, established the RJS Foundation Scholarship Fund Program, a merit-based scholarship program designed to help pay for the cost of accredited post-secondary education. The Foundation awarded $10,000 and split among four recipients chosen by an independent administrator experienced in assessing applications. In 2019 and 2020, Mr. Sibila increased the fund to $25,000, with $10,000 to one student and $5,000 to three students. Helping deserving students afford specialized training or higher education strengthens the community as a whole. PSI also offers an Educational Assistance Program and an Employee Referral Program.

PSI is a privately held company with an ESOP (Employee Stock Ownership Program). Twenty percent of the company is owned by the employees. The stock value share from 2018 to 2019 increased by 40 percent, which was record-breaking profits, mainly due to its improved net operating margin to 5.45 percent from 3.4 percent. All non-union employees (union employees have their own pension plan) participate. PSI feels that having an ESOP over the traditional 401k with a match is better for all employees because some would not participate in the 401k and with the ESOP, they will have access to their funds when they leave the company or retire.

Peoples Services is an ISO 9001:2015 certified 3rd party logistics and warehouse provider and a member of IWLA, OTA, ATA, and WERC. Furthermore, Peoples Services is one of only three warehouse companies that have earned the ACC Responsible Care Management Certification and the NACD Responsible Distribution Affiliation. The company’s recent recertification demonstrates its continued belief and support in Responsible Care as it continues to incorporate it into its policies and procedures in the workplace.

About Peoples Services, Inc.
Peoples Services, Inc. is a network of wholly owned 3PL companies, including Total Distribution, Peoples Cartage, Central Warehouse Operations and Terminal Warehouse, with over 8 million square feet of public and contract warehouse space. Peoples Services operates over 45 facilities across seven states with 20 FDA registered facilities. Peoples Services earned the American Chemical Council Responsible Care Management Certification and the National Association of Chemical Distributors Affiliation. In addition to medical and food-grade facilities, the company specializes in the storage and handling of chemicals, polymers and plastics with a range of temperature-controlled and intermodal options available. Peoples Services also offers award-winning transportation, logistics and fulfillment services. For more information, visit www.peoplesservices.com.

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