Neenan receives national ethics award
Northern Colorado Business Report | October 29, 2013
FORT COLLINS – The Neenan Co. has received an American Business Ethics Award for its reaction to a series of structural defects were found in schools the firm designed and built.
When the deficiencies were discovered, Neenan took a “stand up, don’t cover up,” philosophy to correct the problems in the schools.
Issues at a school constructed by Neenan in Meeker were first discovered in late 2011, with 15 other schools also discovering defects of varying degrees. Neenan fired the structural engineer in charge of the Meeker school’s design and implemented a plan to fix the buildings, including paying for independent reviews of the buildings, and for repairs.
Thirty companies nationwide were in the running for the award, which was presented to Neenan Monday by the Foundation for Financial Service Professionals.
Neenan received the highest marks in the following categories, according to a statement: executive commitment to business ethics, quality of an ongoing corporate ethics program, demonstrated ethical business practices and commitment to stakeholders.
Other American Business Ethics Award winners include Colorado companies like Lockheed Martin, Merrick & Co. and Wright Water Engineers.