25 small companies in Forbes magazine. Though the bit about Redmond was small I still thought it was a great compliment to an amazing company. Darryl nominated the company a while ago and he was pretty happy when he found out Redmond was chosen.
Redmond
- REVENUE
- $65 Million
- As of January 2016
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- INDUSTRY
- Materials
- COUNTRY
- United States
- CEO
- Rhett Roberts
- EMPLOYEES
- 320
- SALES
- $65 M
- HEADQUARTERS
- Heber City, Utah
Redmond on Forbes Lists
When a 1958 drought decimated their farm, brothers Milo and Lamar Bosshardt turned to mining the rich salt beneath it. In 1992 the family brought in Rhett Roberts, who repositioned Redmond’s reddish-hued salt as a premium product, emphasizing how it melted at a lower temperature than conventional white salt and boosting efforts to market it as superior for the dinner table. In 1999 Roberts bought the company and became CEO , doing away with titles and instituting a profit-sharing program that divvies up 10% of the firm’s net income among employees.
He also opened up the company books, informing all employees about sales and profits Jan 28th.
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