In 2018, Luck Companies celebrated a major milestone in the company’s history — our 95th anniversary since our founder, Charles Luck Jr., established our first location in Richmond, Virginia in 1923. Today, we are proud to be the nation’s largest privately-held, family-owned producer of crushed stone, sand and gravel in the United States.
At Luck Companies, we have a mission that calls us to ignite the potential of
people. Our associates are encouraged to explore new methods and harness their skillsets, while helping others do the same. A great example of how this came to life in 2018 is the work we put toward providing advanced technical training and leadership development to our associates. We have instituted an industry-leading technical training program built around a competency-based learning model. This personalized program is led by full-time, role-specific coaches within our company. We are also immersed in leadership succession planning that will strengthen our bench of mid-level and senior managers, enabling younger associates to assume the critical role of leading the company well into the 21st century.
Since our company’s founding, in addition to our unwavering commitment to people, we have always prioritized and valued innovation. From safety-inspired initiatives including: automating our plants in the 1970s, operating remote controlled loaders in potentially hazardous areas of our pits, and utilizing drone photography for our equipment inspections, to developing a number of leading edge, award-winning mobile applications designed to streamline our customers’ and haulers’ experiences with us, we are inspired by the opportunities that technology affords our business and our industry. 2018 marked notable progress in this regard as we are enacting a growth strategy that is focused on preparing for future changes, including technology and transportation advancement. In addition, we began exploring virtual reality as a means to introduce ourselves to people who have never seen or experienced a quarry operation.
We are incredibly energized as our company is healthy and growing. We are in an exciting period of strategic, accelerated growth and expansion deeper into the southeastern U.S., with recent acquisitions in both South Carolina and Georgia. This extension of our company’s portfolio achieves a number of corporate growth objectives and enables us to create opportunities for people across our company, broaden the reach and impact of our mission and ensure an exceptional experience for the customers and communities we proudly serve — a core component of Luck Companies’ operating philosophy and beliefs.
In this Impact Report, we reflect on the growth we experienced in 2018 and the ways we were able to make lasting, sustainable contributions through the impactful work of the passionate people who make up our company.
Values Based Leadership (VBL) is a distinctive philosophy that guides Luck Companies. It's about living, working and leading in alignment with deeply discovered core values in order to ignite human potential in yourself and others.
We will ignite human potential through Values Based Leadership and positively impact the lives of others around the world.
Luck Companies will ignite potential and actualize performance while growing a thriving family business with exceptional leaders prepared for the future.
Ensure we are developing the environment where each associate has the opportunity to optimize their purpose, passion and competency in a way that prepares the company for the future
Optimize time, energy and talent in order to build a healthy, profitable and high-performance company
Challenge ourselves to intentionally reinvent the growth process in a way that brings value to the company and grows sales
Advance the mission for future generations by ensuring the long term financial health of the company