ASGCO® – Complete Conveyor Solutions
For Immediate Release
January, 2018

ASGCO® Doubles 401(k) Match After Tax Overhaul

Allentown, PA.: ASGCO® – “Complete Conveyor Solutions”, a leading manufacturer, distributor, and service provider of conveyor bulk material handling equipment, is pleased to announce they will double its 401(k) match in light of the new tax bill signed by President Trump last month.

The company will increase its match from 25 percent to 50 percent of first 6 percent of eligible employee’s salary deferral into their retirement plan.

“We are pleased that these tax reforms provide ASGCO with an opportunity to increase our investments in initiatives that reflect our company values; providing for our employees in the long and short term, ensuring future growth for our company and giving back to the community,” said ASGCO President, Aaron Gibbs, in a statement.

“We will use these funds to help secure healthy retirements, develop employee skills in an evolving global business climate, and provide additional protections for our workers and their families,” he added.

About ASGCO®

ASGCO® “Complete Conveyor Solutions” founded in 1971 and headquartered in Allentown, PA is a leading manufacturer, distributor and service provider of proprietary conveyor and screening equipment and accessories that improve the safety and performance of bulk material handling systems.

ASGCO® is a diversified and innovative company with three major divisions that serve specific targets of the several different material handling industries, including; aggregates, cement, mining, power, recycling, steel, bulk shipping terminals and pulp and paper. The growth of the company, over the years, is due to recognized improvements in the efficiency, safety and productivity of customers operations.

Visit our website at Contact us toll-free at (800) 344-4000.

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