VBSR Welcomes Chroma Technology as New Champion Member
Bellows Falls-based Chroma Technology Corp. is not just a leading manufacturer and supplier of components for the photonics industry, but a 30-year leader in social justice, employee ownership, community service, and people-first workplaces. Paul Millman, who co-founded Chroma in 1991 and recently retired, received VBSR’s Terry Ehrich Award for Excellence in Socially Responsible Business in 2016 to honor both his commitment to sustainable businesses practices and his vision for sharing equity and profits among employees.
As a 100% employee-owned enterprise, Chroma provides opportunities for its employee owners to accumulate shares of stock in the company, have a share of the responsibility for Chroma’s success, and earn an equal share of the profits. They are committed to paying a true living wage and providing comprehensive benefits to ensure their employees’ health and wellbeing.
“As a 100% employee-owned Certified B Corporation, Chroma Technology is committed to sustainable growth that benefits our employees, our customers, and the communities in which we live. We believe that business has an important role to play in informing policy and supporting efforts to improve society to the benefit of all. VBSR’s mission is closely aligned with this vision and we are very pleased to be able to support the valuable work they do.” – Newell Lessell, CEO, Chroma Technology.
Chroma believes that a strong, socially responsible company can only be built on the foundation of a successful, profitable business. Chroma has developed a strong and loyal customer base by providing exceptional customer service and using cutting edge technology to manufacture some of the most advanced optical filters in the world. Consistent profitability has been the return on the investment in their workforce and dedication to meeting the needs of the scientific and technical communities they serve.
To lessen their impact on the local and global environment, Chroma seeks improvements throughout their business operations by conserving energy, water, and other natural resources, reducing waste generation, recycling and purchasing recycled products, and reducing the use of toxic materials and products wherever possible. Chroma is committed to pollution prevention, continual improvement, and meeting or exceeding environmental regulatory requirements.
VBSR is thrilled to have Chroma Technology as a champion member. Thank you, Chroma!