Latham's Recognition as a Leading American Company
Celebrating Latham’s Recent Accolade
Latham, The Pool Company, known for its expertise in crafting in-ground residential swimming pools, has recently earned a prestigious spot on Newsweek's list of America’s Greatest Companies. This recognition highlights the company’s commitment to innovation, employee satisfaction, and sustainable practices within the industry.
What the Ranking Means
For the first time, Newsweek, in collaboration with Plant-A Insights Group, has unveiled a comprehensive ranking that evaluates U.S.-based companies, emphasizing their financial performance and workplace culture. This recognition is not only a significant achievement for Latham but also reinforces the company's dedication to creating an environment that fosters growth and innovation.
Methodology of the Evaluation
The assessment process was rigorous, involving over 151,000 employee surveys and 3.3 million company reviews, focusing on various key performance indicators (KPIs) across essential areas like leadership, integrity, and work-life balance. Companies needed to demonstrate exceptional performances on more than 120 different metrics to achieve a place on this esteemed list.
The Voice of Leadership
Scott Rajeski, President and CEO of Latham, expressed pride in this achievement, stating that it reflects the hard work and dedication of the entire team. The company believes in empowering its employees and fostering a culture that propels the industry forward. He remarked, “Being named one of America’s Greatest Companies reinforces that our efforts are making a difference for our customers, our communities, and our people.”
Innovation and Environmental Commitment
In today’s business landscape, environmental stewardship is becoming increasingly important. Latham’s dedication to sustainable practices played a crucial role in securing its ranking. The company has made substantial investments in eco-friendly manufacturing, significantly reducing greenhouse gas emissions, water usage, and waste generation. This commitment is also documented in their latest Environmental, Social and Governance (ESG) Report.
Achievements in Sustainability
Notably, Latham achieved a remarkable 50% reduction in waste from its fiberglass pool production in one year. The company has recycled thousands of tons of materials, including scrap vinyl and galvanized steel, and has implemented energy-efficient LED lighting across nearly half of its fiberglass facilities.
Building Trust with Customers
The significance of brand trust cannot be overstated in the customer’s decision-making process. Rajeski pointed out that brand reliability is crucial when homeowners choose outdoor products. This ranking showcases that Latham is working diligently to ensure continuous trust and loyalty among its customers.
Looking Ahead
As Latham continues to innovate and improve its practices, the future looks bright. Being recognized among America’s leading companies sets a standard for excellence that Latham aims to uphold. The company is committed to enhancing its product offerings and ensuring that it remains a premier choice for customers in the pool market.
Frequently Asked Questions
What is Latham, The Pool Company known for?
Latham specializes in the design, manufacture, and marketing of in-ground residential swimming pools and related accessories.
How was Latham ranked among America’s greatest companies?
Latham was evaluated based on financial performance, employee satisfaction, innovation, and sustainability in a comprehensive study conducted by Newsweek.
What sustainable practices does Latham implement?
The company has made significant strides in reducing waste, recycling materials, and using energy-efficient practices in its manufacturing process.
Who is the CEO of Latham, The Pool Company?
Scott Rajeski serves as the President and CEO of Latham.
Is Latham publicly traded?
Yes, Latham, The Pool Company is publicly traded under the stock ticker NASDAQ:SWIM.
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