Man, it’s summer!

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Let's start with a huge congratulations on reaching 1 million hours without a lost-time work injury. This is a first in our 75-year history, and it's all thanks to your dedication to safety. This incredible milestone also brought us a $30,000 savings on our Workers' Compensation renewal, which benefits everyone!

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On a serious note, our streak did end with a recent incident where one of our own fell off a ladder and was seriously injured. Thankfully, they are at home recovering and are expected to return to work soon. Let's continue to prioritize safety and look out for each other.

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Business is Booming!

All parts of our business are doing well, and the outlook for 2024 and 2025 is very strong. Our engineering team is showcasing their expertise across the country, with impressive BIM modeling and intelligent design. In Charlotte and Raleigh, our Construction, Service, and Controls teams are maintaining a strong backlog and are already eyeing opportunities for 2025!

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Our ESOP is Growing

Our Employee Stock Ownership Plan (ESOP) is thriving, and I'm confident you'll be pleased with last year's results. While we can't guarantee these results every year, your hard work and commitment to safety make a huge difference. Being 100% employee-owned is the best path for our long-term growth and your future retirement benefits. Keep an eye on your mail for your ESOP statement!

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Exciting News about 401k Matching in 2025!

We've introduced "Safe Harbor," our new 401k matching program, designed to help you save more for retirement. Here’s how it works:

For Safe Harbor:

• Employee Contribution (0.01% - 5%):

  • MCI will match 100% up to 3% of your contribution.

  • MCI will match 50% on the next 2% of your contribution.

• Employee Contribution (5% or Greater):

  • MCI will match 4% of your gross compensation.

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The total company match can't exceed 4% of your gross compensation. This is a fantastic opportunity to boost your retirement savings!

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As we move forward, let's stay focused on our tasks, prioritize safety, and continue supporting each other.

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Let's get back to work and keep up the great momentum!

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Best, Champ

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