On Sept. 12, SBP Holdings — No. 31 on Industrial Distribution's 2017 Big 50 List — provided an initial status report on how Hurricane Harvey impacted its operations at subsidiaries National Hose & Accessory and Bishop Lifting Products. At that time, it had also started a GoFundMe relief fund to support its employees who were impacted by the massive storm, and the company matched all donations made by SBP employees through Sept. 22.
On Thursday, the company sent out a statement from CEO Don Fritzinger to colleagues, supplier partners and supporters that detailed the impressive results of that GoFundMe and more information on Harvey's total impact.
Here is Fritzinger's statement in full:
Of the 225 SBP Holdings employees in the Houston area, 42 were directly impacted; 12 of whom experienced significant damage to their property. Many of these employees and their families were displaced from their homes for several days and personal property/vehicles were destroyed.
The “Go Fund Me” account created for donations to support the SBP Employees Hurricane Harvey relief effort generated a greatly appreciated outpouring of support. The compassion and generosity of our co-workers, supplier partners, industry colleagues, Board members and our AEA Investors equity partners has been tremendous. We are pleased to announce that over $104k was collected. These generous donations made it possible for us to provide assistance to all 42 employees impacted at Bishop Lifting Products, Delta Rigging & Tools and National Hose.
We are creating the SBP Holdings Foundation to continue our path of protecting our teammates in the event of future disasters and extend our outreach to protect our most valued assets.
On behalf of all the employees at SBP Holdings and especially the 42 families that received your donations, we would like to express our heartfelt thank you for your generosity. We continue to appreciate and value your partnership and support!
Don Fritzinger, CEO
Here's what that GoFundMe page looked like during its campaign: