MT. STERLING, ILL., FEBRUARY 15, 2018-Dot Foods, the largest food industry redistributor in North America, is happy to announce it will pay a $500 bonus to each of its full-time employees in the wake of the federal tax overhaul announced late last year.
Approximately 4,800 full-time employees from all twelve Dot locations in the United States and both Dot Foods Canada locations will receive the one-time bonus in mid-March. Those who were employed with Dot and Dot Transportation at end of 2017 are eligible.
"We're really happy to be able to give this bonus to our employees," said Dot Foods CEO Joe Tracy. "We surprised them by announcing the bonus during our National Business Meeting in St. Louis, Missouri, in late January. Our people are Dot's greatest asset, and the tax reform bill offered a great opportunity to reinvest in our employees."
The 2017 Tax Cuts and Jobs Act lowered the federal corporate tax rate from 35 percent to 21 percent when President Trump signed it onto law in December. The bill also changed the way companies that operate internationally are taxed.
"The tax legislation is good news for Dot and many other companies," Tracy said. "It's going to put us in a better position to compete internationally and continue to invest in our business. We owe our continued growth and success to our employees. Their hard work every day makes it possible, so it was an easy decision to recognize their efforts with this bonus when the opportunity arose.
The tax reform bonus will be paid in addition to Dot's regular bonus structure for employees. The company, founded by Robert and Dorothy Tracy in Mt. Sterling, Illinois, in1960 remains family-owned and -operated today; sales hit $7 billion in 2017. For more information about career opportunities at Dot Foods and Dot Transportation, visit DotFoods.com.
ABOUT DOT FOODS AND DOT TRANSPORTATION
Dot Foods Inc. carries 118,000 products from 835 food industry manufacturers making it the largest food industry redistributor in North America. Through Dot Transportation Inc., a wholly owned subsidiary of Dot Foods, the company distributes foodservice, convenience, retail and vending products to distributors in all 50 states and more than 25 countries. Dot Foods operates ten U. S. distribution centers, which are located in Modesto, California; Vidalia, Georgia; Burley, Idaho; Mt. Sterling, Illinois; Cambridge City, Indiana; Williamsport, Maryland; Liverpool, New York; Ardmore, Oklahoma; Dyersburg, Tennessee; and University Park, Illinois. An eleventh distribution center is currently under construction in Bullhead City, Arizona. Dot Foods' Canadian operations are located in Toronto, Ontario and Calgary, Alberta. For information, visit DotFoods.com.
Dot Foods and Dot Transportation continue to experience exceptional growth. Both companies are looking to fill several positions for full and part-time drivers and warehouse personnel in all U.S. locations. To learn more about careers at Dot Foods visit DotFoods.com/careers and follow @DotFoodsCareers. For more on opportunities available with Dot Transportation, visit DriveForDot.com.