General > Beating a dead horse
Factory Direct: What does it mean?
MarKee:
Wexco is a conglomerate of 5 pool and spa related corporations. Every employee of these 5 companies is an employee owner. Marquis Corp. is the largest of these 5 companies.
Mendo: Why don't you get your chems from Dynamic Solutions?
Spatech_tuo:
--- Quote ---Wexco is a conglomerate of 5 pool and spa related corporations. Every employee of these 5 companies is an employee owner. Marquis Corp. is the largest of these 5 companies.
--- End quote ---
Very interesting, I'd heard that you guys were empoyee owned but I always assumed that Marquis was owned solely by the Marquis employees. I didn't know they were part of a larger organization. What are some of the other 4 companies, are they well know at all?
Gomboman:
--- Quote ---
Very interesting, I'd heard that you guys were empoyee owned but I always assumed that Marquis was owned solely by the Marquis employees. I didn't know they were part of a larger organization. What are some of the other 4 companies, are they well know at all?
--- End quote ---
Yes, I agree with Spatech. This is very confusing. I thought Marquis was an Employee owned company myself. It sounds good anyway. :)
DPS:
Marquis Spas employees have nearly finished purchasing Marquis from Wexco. Other Wexco companies include Foxx Pools and Quaker Plastics.
MarKee:
Marquis is 70% employee owned and in the process of acquiring the final 30%. Marquis has been a part of Wexco since 1985, but Wexco changed to an ESOP around 1999-2000. Some of our sister companies include:
Foxxx Pools - http://www.foxpool.com/
Pen Fabriactors - http://www.penfab.com/
Quaker Plastics - http://www.quakerplastic.com/
DPS: If I'm not mistaken, even after the final 30% purchase, Marquis will still be a part of Wexco. The 30% that is not currently employee owned is held by private investors.
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