Almo Corporation Applies Savings from New Tax Law to Invest in Employees and Partners

Almo Corporation today announced it is using the savings afforded from the 2017 Tax Cuts and Jobs Act to make short and long-term investments in its employees and partner community. This includes all Almo ProAV employees, too.

“The new tax law lowers taxes on our business, which gives us the ability to give back to our employees and invest in our technology infrastructure and partner relationships,” explained Warren Chaiken, president and CEO of Almo Corporation. “We are rewarding our employees with an incremental bonus of $1,000 as they are the greatest asset we have to offer as a business. We also have a plan in motion to continue upgrading our corporate headquarters, sales offices and warehouse facilities.”

Chaiken added that Almo Corporation has begun the transition to a new state-of-the-art operating system that allows for greater efficiencies over the long-term while enhancing the customer experience by enabling the Almo sales teams to process orders more effectively.

For five consecutive years in a row, Almo Corporation has been named a Top Workplace by Philly.com, the Greater Philadelphia Region’s most popular media site. “We continue to be successful and have achieved our 5th consecutive year as a Top Workplace because this is a ‘we and us’ company, not an ‘I and me’ company,” Gene Chaiken, chairman of the board for Almo Corporation has said. “This shows in our culture, our longevity as a successful business and our employee satisfaction.”

Other Almo current and future enhancements benefitting from the new tax law include:

  • Continuation of the Almo corporate headquarters expansion in Philadelphia, PA, which includes a 7,000-square foot second story addition to expand office capacity by 65 employees. The first floor is being reconfigured to make more room and improvements.
  • A new Almo Global office in Ft. Lauderdale to accommodate the entire global business team and serve as the main office for Almo Hospitality and Almo New Business groups.
  • A new, larger Almo Professional A/V headquarter office in Baltimore to allow for expansion and growth.
  • Huddle spaces have been added or expanded in all Almo locations to facilitate collaboration.
  • The opening of a new 300,000 square foot warehouse in Philadelphia to cover the Mid-Atlantic region.
  • Recently moved the Nevada warehouse to a larger, 300,000 square foot facility.
  • Soon moving the Ohio warehouse to a larger 260,000 square foot facility.
  • The addition of wellness coaches to help with health and fitness.
  • Standing desks available to employees to encourage movement.
  • New internship programs for marketing, accounting and logistics to invest in the company’s future.
  • A management leadership program for new managers and an online learning management system for all employees.

Almo Corporation is here.

Gary Kayye

About Gary Kayye

Gary Kayye, founder of rAVe Publications, is one of the most prominent personalities in the audiovisual industry. He has been a contributor to WIRED magazine and a technical advisor and columnist for Sound & Communications magazine as well as an opinionated columnist for rAVe [Publications] since 2003. In addition to his writing and market analysis, Gary has been a product, marketing and business operations consultant to dozens of AV companies in the U.S. and overseas. Clients have included companies such as Sony, Sharp, Epson, Lutron, InFocus, Sanyo, Mitsubishi, NEC and Philips.   Gary, who has been involved with the audiovisual market for over 20 years, was the recipient of the InfoComm 2003 Educator of the Year Award and the 2007 NSCA Instructor of the Year Award. Over the years, he has donated much of his time as an active volunteer in the AV industry’s trade association and served as chairman of InfoComm’s Professional Education & Training Committee (PETC), chairman of the ICIA Design School Committee and chairman of InfoComm’s Installation School Committee. In addition, he has served on the InfoComm board of governors. He also helped grow the InfoComm Projection Shoot-Out as the premiere AV industry trade show special event serving on the committee from 1991 through 1997, and was instrumental in launching the Shoot-Out in the European market at the Photokina Expo in 1994 and 1996 as well as the Asian market at the 1995 and 1997 INFOCOMM Asia shows.   Prior to founding his own company, Gary was vice president of sales and marketing for AMX Corporation (www.amx.com), a manufacturer specializing in professional AV and residential AV control systems. Prior to AMX, Gary spent nine years at Extron Electronics (www.extron.com), rising to the position of vice president of sales and marketing. Gary earned his bachelor’s degree in journalism in 1987 from the University of North Carolina and is currently Adjunct Faculty at UNC in the School of Journalism teaching a class on how future technologies will affect the future of advertising, PR and marketing.   He is also the founder of Swim for Smiles, a non-profit that raises money for the N.C. Children’s Hospital through swimming and other fitness-related events for kids. You can contact him at gary@ravepubs.com..