Delta Tri-Angle 2014-1 | Page 4

DELTA CONCRETE MARKS ONE YEAR AT NEW SIKESTON PLANT March, 2014 marks a full year of operations for Delta Concrete at the new ready mix plant in Sikeston, Missouri. The new plant is located on the same grounds as the old plant, but has an updated facility. Manager, “And we are happy to report that there have been no dust issues with the new facility.” The ground breaking began in late 2012 with the intention of creating a newer, more efficient, and cleaner facility. The plant is located in a highly visible area, relatively close to Sikeston Public School and a more esthetically pleasing appearance was desirable. A clean and well-maintained plant is part of Delta’s ongoing commitment to being a socially responsible, environmentally conscious member of each local community. “Being a good neighbor is what it’s all about,” stated Gale Miller, Sales Representative, at the Open House event last September. “The Sikeston Public School’s maintenance department had previously Delta Concrete would like to express appreciation to the ENTIRE voiced some concerns about whether or not dust from the new plant DELTA TEAM. It truly was a team effort to accomplish this project so would cause any problems at the school,” said Dan Grier, Regional successfully. KPMG AUDIT COMPLETED: SUCCESS DELTA! A challenge was presented to Delta Companies for the 2013 annual audit: a new external accounting firm, KPMG LLP was hired to conduct the external audit. Being new to each other’s business practices, KPMG and Delta had to quickly build a functional working relationship and understanding of each other’s processes. Sometimes painful, sometimes easy – the task was a proven success. What is the purpose of an external audit? An external audit by an independent firm lets entities that extend Delta Companies credit (such as investors, banks, bonding companies, state DOT’s, etc.) know that the company’s financial results are accurate and that the company is credible in their business practices. A favorable external audit is helpful to Delta’s ability to bid work, bond work, and to borrow money. The audit assists in spotting real and potential problems from errors, fraud, and weak internal controls. Fortunately, Delta is in a solid and positive position. Even though the audit is conducted in the last quarter of the year, each employee should ensure that records and documentation of all transactions are accurate. Strive for excellence!! Accuracy is important in all of our reporting data – from foreman reports, trucking report, fuel reports to cash forecast and equipment hours and everyone’s favorite – PAYROLL. It is a combined team effort, operations and administrative, to ensure that Delta continues to excel in providing the best and most accurate financial results. Troy Ward, Corporate Controller states: “The close and audit tested Delta’s abilities to hit extremely tight deadlines and still accurately reflect our financials. A big ‘thank you’ goes out to each and every employee for their efforts in reporting. And to my staff for the work you did in accommodating the auditors. Our employees are the reason for Delta’s continued success.” A team from KPMG’s Kansas City and St. Louis offices came down throughout November, December, and January. Working by phone and email as well, Delta and KPMG worked in conjunction until the completion and issuance of Delta’s statements on January 27, 2014. The results announced that Delta Companies is in compliance and ready for the new season. FROM THE PRESIDENT (CONTINUED) Not every task calls for increased attention, but some do. We must be prepared to ramp up our effort when the results of an opportunity hinge on our investment of time and effort. Delta made significant improvements in 2013 and we will build on those improvements in 2014. Safety and ethics are values that provide the foundation for our organization. We will continue to nurture our safety culture and continue to educate our team about operating ethically. Regardless of the organizational changes Delta must incur to adapt to changing market conditions, our commitment to a safe work environment and doing the right thing will never change. 4 Delta Triangle Newsletter 2014 | ISSUE 1 As we look at 2014 and beyond, I am sure that the economy in general, and the infrastructure industry in particular, will improve. I am not sure when! Growth could be slow and steady. But more often in our industry, the boom starts with the stroke of a pen. The 2009 Stimulus Bill and Intermodal Surface Transportation Efficiency Act of 1991 provided authority and funding that fueled infrastructure improvement across the United States and put many Americans to work. Our legi slators, both state and federal, need to find a solution that not only maintains the existing system, but provides investment dollars required to compete in today’s world economy. You will be receiving information from this office that will provide resources for you to contact your legislators. I urge you to make your voice heard. Our jobs depend on it!