A primer on Employee Stock Ownership Plans (ESOPs)

January 1, 2021

An Employee Stock Ownership Plan (ESOP) offers lots of attractive benefits: studies have shown that ESOPs improve productivity, increase sales and improve return on assets, plus they offer great tax advantages. But more than any of these attributes, an ESOP offers the owner of a company peace of mind and an enduring legacy. “Many times, …

Smart tax moves in the age of COVID-19

By Mark E. Battersby Given the effects of the coronavirus pandemic on the economy, keeping a specialty fabrics operation’s tax bill low shouldn’t be a problem this year. However, to keep the business’s tax bill low year after year requires planning, and what better place to start than in a troubled tax year? This may …

Mesh structure evokes Atlanta’s tree canopy

Atlanta, Ga., is known as the “city in the forest” because of its abundance of trees. A mesh sculpture installed at the High Museum of Art in the summer of 2020 drew on Atlanta’s relationship with the natural world and bird migration with the goal of spurring conversations around biodiversity, extinction and cohabitation. The temporary …

Carolyn Hajek on staying small and strong

Pride City Awning & Canvas founder Carolyn Hajek has built her business on trust and loyalty. by Laurie F. Junker  The successful formula for Pride City Awning & Canvas is the application of a simple principle—treat customers, suppliers and employees with honesty, fairness and loyalty. It’s an approach that has kept the Pueblo, Colo.-based manufacturer …

Inside-out tent hosts summer cinema

During the self-isolation period of the 2020 pandemic, “it became clear that some films can only exist and be perceived in theaters,” according to Evgeny Gusyatinskiy, film program curator for Garage Screen, the summer film series hosted by the Garage Museum of Contemporary Art, Moscow, Russia. Garage Screen’s summer pavilion, designed by Yerevan, Armenia-based architectural …

Meet the Newly Elected and Re-elected 2021 IFAI Board of Directors

Each year, Industrial Fabrics Association International’s (IFAI) Leadership Development Committee follows a detailed process outlined in our bylaws for electing board members. It is IFAI’s pleasure to announce the newly elected and re-elected individuals who were chosen to serve on the 2021 IFAI Board of Directors. Newly Elected Directors Jennifer Fennell, Polo Custom ProductsJennifer Fennell …

Sign up now for the 2021 Fabric Architecture Specifier’s Guide

The 2021 Fabric Architecture Specifier’s Guide is a one-stop guide for architects, designers and fabricators. This guide features the versatility and reliability of fabric, whether your focus is on awnings and canopies or air, tent and tensile structures. The guide highlights products, services, supplier directories and detailed specifier guides. Make sure you are part of the 2021 …