In a landmark move to safeguard our company’s future and prioritise our workforce, Liverpool-based injection moulder AC Plastics is delighted to announce our transition to an Employee Ownership Trust (EOT). Finalised towards the end of last year, this strategic shift marks a significant chapter in our firm’s history, showcasing a profound commitment to our staff and the enduring success of our business.
Pictured 1: Martin Gough (left), Sales Director, and David Powell, Operations Director
Under our previous ownership, AC Plastics has established itself as a leading innovator in the manufacture of injection moulded parts, celebrated for our superior-quality products and commitment to customer satisfaction. The decision to transition to an EOT was motivated by a desire to ensure continuity and stability for our employees and clients alike, positioning employee ownership as the best route to preserve our company’s legacy and ethos.
This move to an EOT underscores AC Plastics’ progressive outlook and our belief in the impact of employee ownership on fostering innovation, boosting motivation, and guaranteeing a stable future. Entrusting our company’s destiny to our dedicated employees not only secures its heritage but also redefines industry standards.
Coinciding with this transition, AC Plastics is thrilled to welcome three new Directors to our board. After 19 years with the company, Martin Gough has now become Sales Director, David Powell steps up as Operations Director, and David McGuire assumes the role of Finance Director.
Martin commented:
“Transitioning to an Employee Ownership Trust is a brilliant milestone for AC Plastics and a bold step towards a future where every employee has a stake in our success. This move reflects our belief in the collective power of our team to drive innovation, enhance customer satisfaction, and steer the company towards new heights.
“As Sales Director, having progressed within the company over many years, I’m invigorated by the opportunity to deepen our commitment to a culture where everyone’s contribution is valued and important to our collective achievement. Together, we’re not just safeguarding the legacy of AC Plastics; we’re embracing a future of shared success.”
Adopting the EOT model reflects AC Plastics’ recognition of our employees’ invaluable contributions and reaffirms our dedication to core values and objectives. As AC Plastics embarks on this exciting journey, we remain committed to nurturing a culture of cooperation, quality, and customer service, ensuring we continue to lead in the plastics industry for many years to come.
For more information about AC Plastics, please contact Martin Gough on [email protected] or 0151 489 8409.