Press Release: The Wholesale House in Hicksville Ohio recently announced it will be raising its profit sharing program to 50 percent. The TWH profit sharing program is in its 4th consecutive year of distributing a percentage of net profits to employees.
The profit sharing program started in 2016 and in just 3 years has distributed over 1.5 million dollars to TWH employees. That amount is expected to grow substantially with the boost in the program for 2019 and beyond.
Sixty-five employees are part of TWH, which distributes car audio products. The company is owned by Steve and Mary Height.
President Mark Yoder said, “This is a point of pride for all of us here, especially the Heights. They built this company from nothing 41 years ago and they are pleased to be able to share in the success with the employees…”
With its headquarters in Hicksville, Ohio, TWH owns a distribution warehouse in Jacksonville, Florida.
Pictured above are Mark Yoder, President of TWH and VP/CFO Bob Weatherhead.