5
September/October 2022
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THE DAVEY BULLETIN
ClearWater Services of Nashville,
Tenn., has joined the Davey family
of brands.
With over 25 years of experience,
ClearWater provides installation
and maintenance of residential and
commercial irrigation systems and
landscape lighting to customers in
Nashville and the surrounding area.
Paul Lindquist, owner of ClearWater,
says, "Joining Davey will give
ClearWater and our clients the
advantage of Davey's additional service
offerings, extensive knowledge of the
industry and added support from the
Davey team. Davey values education
and expertise, so I am excited to
witness what our employees can learn
CLEARWATER SERVICES JOINS DAVEY IN TENNESSEE
BRAND GROWTH
YOU SHOULD KNOW
DAVEY HOLDS 5
TH
STOCK SUBSCRIPTION IN COMPANY HISTORY
from Davey's leading diagnostic and
research facility, the Davey Institute,
and how this additional scientific
knowledge will benefit our clients."
ClearWater and its eight employees
will join Davey's Commercial
Landscape Services (CLS).
Jim Houston, vice president and
general manager, Eastern Operations,
U.S. Residential/Commercial (R/C)
Services and CLS, says, "Bringing on a
new team is exciting, not only because
we can share our support, knowledge
and training with more professionals in
the industry and their clients, but also,
importantly, Davey can take advantage
of the skills and expertise that Paul
and the ClearWater technicians bring
to the table. Davey values employee
growth, and ClearWater employees
will have tremendous opportunity to
grow in their careers and become
employee-owners of our company."
Welcome to Davey!
successful, which saw 540 employees
subscribe for approximately 638,000
shares without the stock rights.
Previous stock subscriptions at Davey
have been held in:
• 2012 – 540 subscribers
• 2002 – 365 subscribers
• 1989 – 141 subscribers
• 1979 – 114 subscribers
Employees who took part in the
subscription and have questions about
the program can contact the Treasury
team via email at Treasury@davey.com.
In August, the Davey Company
completed its fifth stock subscription
offering for eligible employees since
the company first became employee-
owned in 1979.
A total of 750 subscribers committed
to approximately 1.5 million shares
subscribed, without the stock rights.
The average participant subscribed for
1,950 shares.
The 2022 subscription is the largest
to date and outpaced the 2012
subscription, historically the most
