Parts Town Unlimited, Addison, Ill., the parent company of Parts Town, has launched its Town Shares employee ownership program. All team members across Parts Town Unlimited’s 46 brands and 147 global locations can share the company’s results.
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“We believe the magic and success of Parts Town Unlimited is created through our outstanding people who are passionate about taking care of our customers, living our core values, and going above and beyond to deliver extraordinary results. We believe that we have a responsibility to provide team members the ability to meaningfully benefit financially from the growth that they drive within the organization. It’s simply the right thing to do, both for our people and for our company,” said Steve Snower, CEO, Parts Town Unlimited.
Parts Town Unlimited represents 46 brands worldwide, distributing OEM parts for foodservice equipment, residential appliances, HVAC equipment, consumer electronics and related products. The company has been listed on the Inc. 5000 as one of the fastest-growing firms in the U.S. for 16 years.