Mainebiz

December 11, 2023

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M A N U FA C T U R E R S O F M A I N E G R O U P T R U S T R E F U N D A N N O U N C E M E N T MANUFACTURERS IN MAINE RECEIVE $973,000! The Manufactures of Maine Workers' Compensa on Self Insurance Group Trust (MMGT) is pleased to announce that it has just issued $973,000 in refunds to its membership! This refund recognizes the con nued excellence in safety and performance of our members. MMGT was created with the mission to promote successful manufacturing in Maine. It was created by manufacturers, for manufacturers to benefit the members and their employees. As a group, the members work together to keep employees safe, reduce costs and maintain standards of excellence in all areas of the program. As a result, MMGT is one of the most successful, cost-effec ve providers of workers' compensa on coverage in Maine. During the last 30 years MMGT has refunded $12.3 million to its members, while maintaining industry leading safe workplaces for their employees. Here's what some of our members are saying: manufacturersofmaine.com If you'd like to learn more, please visit our website at Being one of the founding members of the Manufacturers of Maine Group Trust, we have found that over the years we are getting far more than Workers Compensation Coverage. The resources that are available and the knowledge from other Maine Manufacturers that is shared, have become a part of our operating strategies' and training program. We find the rates to be very competitive with the market and with refunds over the years averaging 25%, we have realized lower overall cost for Workers Comp coverage. One of the largest benefits to us has been the ability to talk to a person you are familiar with concerning a claim and getting real time information. When keeping your employees safe and productive, knowledgeable communication with employees goes a long way in promoting good employee relations. — Alan F Smith, President of Fastco Corporation Volk Packaging joined the Group Trust in 2021 and we have not regretted it for a minute. We feel we are well represented. The guidance and advice we receive f rom the facilitators and the other members are priceless. — Derek Volk, CEO of Volk Packaging Corp & Volk Paxit Speaking as a newer member of Manufacturers of Maine Group Trust, it has been ref reshing to see how committed the team is to provide my company with the tools to conduct business in the safest possible environment. We had lost our focus on safety and it was costing us in lost time and higher premiums. I now feel like we have put our premiums to work for us and we are reaping the benefits. — Layton Day, Owner/President of Bangor Wholesale Laminates

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