Steve Watula working in the Price Factory

The Price Way:
Foundation and Legacy

A Company of Builders

Price is celebrating its 75th anniversary throughout 2024, and our commemoration of this milestone will dedicate special attention to the 13 tenets of the Price Way. Each post in this blog series explores one of these guiding principles, giving our blog readers a closer look at its meaning.

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Foundation and Legacy in Action

At Price, foundation is defined as our investment in people, technology, laboratories, factories, software, marketing and training that will strengthen our commitment to service. We don’t invest for our own self-interest of amassing earnings or improving our return on investment; we invest to serve our customers better.

In the end, it’s all about legacy: what have we contributed and left behind? Our legacy is that we operate in a principled way and serve our customers far better than any of our competitors do, giving them a superior experience. By focusing on our customers’ success – and the growth and success of our people – our customers become market leaders, and so do we.

As Gerry has said countless times, “You can go through life taking or giving. I prefer the giving approach. I think it’s the only legacy that’s worthy of a life lived.”

“The tenet of foundation and legacy resonates deeply with me. Price excels at investing not only in technologies and facilities but also in people through comprehensive training and development. This investment in the Price team forms the foundation of our commitment to service excellence, ensuring we consistently exceed customer expectations and make a lasting positive impact. Every phone call and email matters; when our customers thrive, Price succeeds.”

– Sandrine Delaquis, Senior Product Application Specialist for GRD
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