I'm sure it sounds cliché, but it's hard to believe how much Foley, Inc., has grown as a company since my father started the business in a single office 50 years ago. It's hard to believe, too, how quickly time has passed since we celebrated our 40th anniversary. So much has changed just in the past 10 years.
Ironically, it was in 1997 that we began what we call our "values journey," at which time we established our five main company values, which we adhere to in everything we do.
They are:
- Trust - which means doing what is in the best interest of all three shareholders...our employees, our
customers and the company.
- Mutual respect - or treating everyone else as you want to be treated.
- Communication - which includes sharing timely and accurate information, whether it's good news or bad.
- Excellence - which calls for us to continually get better.
- Success - which means we don't just set goals, but achieve those goals.
Of course, all of those values also tie into our overall mission to be recognized as the unbeatable business partner by our employees, customers and suppliers. We don't want to be in the business of just selling products. We prefer to solve problems by understanding our customers' needs and providing products and Caterpillar driven solutions to meet them.
Over the past 36 years that I've been involved in the business, I've seen how our customers' friendships and successes have significantly contributed to our own success. I can think of numerous families that I have had the privilege to work with over the years.
I think of the things that have been built or improved through their efforts; and they've got to feel a tremendous amount of pride to know that they had a part in creating those things in a very difficult environment. We feel fortunate to have been involved as an equipment supplier, advisor and confidante.
To be a part of that, and to watch their sons and daughters go into the business gives me as much pride
as seeing my own sons take the reins at Foley, Inc. We intend to work hard to maintain your trust and foster even stronger relationships over the next 50 years.
Edward J. Foley, III
Chairman of the Board & CEO |
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