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A decade ago, JB Industries was relaunched with new ownership. My partner and I were excited

to have acquired an established company with a great brand, loyal employees, and an outstanding

reputation in the HVAC/R industry for manufacturing quality products. Our goal was to build

on its legacy and to make JB even better. We started by setting some lofty goals including

relaunching the company and brand, expanding our product portfolio, focusing on our customer

base, updating and increasing our factory production capability, and instilling in our employees

the absolute priority of customer satisfaction. We also adopted the slogan “Just Better” as a

mindset for everything we do.

Now when we take a step back and review how we have done after ten years of operating

and managing the company, we are pleased overall with what we see but there is still lots of

opportunity to improve. Our engineering team added a number of products to our portfolio

beginning with the Eliminator series vacuum pumps to our latest offerings including a new digital

manifold, wireless micron gauge, and JB’s first refrigerant recovery machine. The leadership team

made significant advances in expanding our domestic and international customer base. We made

major investments in factory machinery allowing JB to bring manufacturing capabilities in-house

that were previously supplied by others, helping us control supply and quality. Every one of our

employees is focused on product quality and customer service.

We operate in a very challenging market driven by very determined competitors that keep raising

the bar for excellence. This motivates the JB family to keep improving in an effort to maintain JB

as the premium supplier of products for the HVAC/R industry. We have added highly talented

personnel in key areas such as sales, marketing, engineering, and manufacturing to help keep JB

resources and efforts optimized.

Of course, none of what we do at JB has any meaning without our loyal employees, representative

and distributor organizations, and the customers they serve. We are indebted to them all for their

support and feedback so vital to keeping JB innovative and productive.

Finally, as we begin our second decade of JB ownership, we commit to you that with your

assistance we will continue to improve and increase our product offering, focus on our core

advantage of being a U.S. manufacturer, stress customer satisfaction as our top priority and look

forward to working together not only for the next decade but many decades to our mutual benefit.

Thanks for a great 2015 and all the best for a healthy and prosperous 2016.

Jeff Cherif

President

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