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Owners of T&T Tinting Specialists Turning Company Over to Employees

Hawaii’s T&T Tinting Specialists, Inc. has completed a transaction to become 100% employee-owned through its newly-created Employee Stock Ownership Plan (ESOP). The company was founded in Honolulu in 1982 and provides the installation of window films, paint protection films (PPF) for vehicles, solar, security and graffiti protection films, and custom glass graphics for residential and commercial buildings in the state

Heading into its 40th year, T&T Tinting’s CEO Tommy Silva has transitioned 100% of the company’s total ownership to all company employees through a qualified retirement plan known as an ESOP. All eligible employees will be granted shares of company stock each year at no cost, allowing them to earn ownership over time and accumulate additional tax-deferred retirement wealth on top of their current 401k program.

“Each employee of T&T Tinting is a highly valued and trusted team member,” Silva says. “We want our employees to feel that they ‘own and operate’ their own business which fosters tremendous pride and aloha resulting from owning actual stakes in the company. We also want our employees to benefit far beyond their wages and 401k plan as they continue to help build and grow T&T Tinting. Together we strive to be more innovative, creative and responsive to our customers’ needs.”

Silva implemented this plan because he felt it was the most sustainable path forward for the employees of T&T while protecting the legacy he has built with them. The company is on WINDOW FILM magazine’s 2021 Top Dealer list and is expected to hit nearly $5 million in sales by year’s end.

“Legacy was a critical factor in selecting this ESOP transaction, but equally as important was ensuring that anything we did as owners would directly motivate and help the employees continue to succeed,” Silva adds.

T&T Tinting installs window films supplied by Eastman Performance Films. Darrell Reed, commercial director of Eastman Performance Films, applauded the move.

“On behalf of Eastman, we would like to congratulate Tommy, Teri and their team on 40 years of business excellence,” Reed says. “The success of the T&T is based on their relentless focus on providing an outstanding customer experience, disciplined business practices while still being able to cultivate a family culture with their employees. The decision by Tommy and Teri to move forward with an ESOP for their employees embodies the family culture they have created. We are very proud to be T&T’s supplier for the last 40 years and excited to continue working with the T&T team going forward as they continue the amazing legacy they all helped build.”

Investment banking firm Ambrose Advisors advised Silva with the transition.

“Tommy Silva’s goal was to secure a sustainable future for T&T Tinting Specialists in a manner that would be highly beneficial to its employees, customers, supplier partners, vendors, and the local community,” says Michael Harden of Ambrose Advisors.

T&T Tinting’s ownership shift comes during October, which is Employee Stock Ownership (ESOP) month. If your company is employee-owned, please contact ccollier@glass.com for potential story coverage.

 

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Owners of T&T Tinting Specialists Turning Company Over to Employees

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FOR IMMEDIATE RELEASE
October 11, 2021

Contact: Tommy Silva, CEO/President
Phone: (808) 695-4461
Email: tommy@tnttinting.com


Owners of T&T Tinting Specialists Turning Company Over to Employees

Through an Employee Stock Ownership Plan (ESOP)

After 39 years of significant expansion and growth, T&T Tinting Specialists begins its 40th year as an ESOP…

Honolulu, Hawaii: T&T Tinting Specialists, Inc. has completed a transaction to become 100% employee-owned through its newly created Employee Stock Ownership Plan (ESOP). The Company was founded in Honolulu in 1982 and is a national industry leader in the professional installation of window films, paint protection films for vehicles, and solar, security, graffiti protection films along with custom glass graphics for residential and commercial buildings in Hawaii.

Heading into its 40th year, T&T Tinting’s CEO Tommy Silva has transitioned 100% of the Company’s total ownership to all the employees of the Company through a qualified retirement plan known as an Employee Stock Ownership Plan (or ESOP). All eligible employees will be granted shares of Company stock each year, at no cost, allowing them to earn ownership over time through their continued service to the Company and accumulate additional tax-deferred retirement wealth on top of their current 401k program. T&T Tinting Specialists joins a group of elite 100% employee-owned companies across the United States of America.

Silva says, “Each employee of T&T Tinting is a highly valued and trusted team member. We want our employees to feel that they ‘own and operate’ their own business which fosters tremendous pride and aloha resulting from owning actual stakes in the Company. We also want our employees to benefit far beyond their wages and 401k plan as they continue to help build and grow T&T Tinting. Together we strive to be more innovative, creative and responsive to our customers’ needs.”

Silva implemented this plan because he felt it was the most sustainable path forward for the employees of T&T while protecting the legacy he has built with them. Silva said “Legacy was a critical factor in selecting this ESOP transaction, but equally as important was ensuring that anything we did as owners would directly motivate and help the employees continue to succeed.”

Michael Harden of Ambrose Advisors, an investment banking firm that advised Silva with the ESOP transition stated “Tommy Silva’s goal was to secure a sustainable future for T&T Tinting Specialists in a manner that would be highly beneficial to its employees, customers, supplier partners, vendors, and the local community”.

T&T Tinting installs window films supplied by Eastman Performance Films. A quote from Darrell Reed, Commercial Director of Eastman Performance Films; "On behalf of Eastman, we would like to congratulate Tommy, Teri and their team on 40 years of business excellence. The success of the T&T is based on their relentless focus on providing an outstanding customer experience, disciplined business practices while still being able to cultivate a family culture with their employees. The decision by Tommy and Teri to move forward with an ESOP for their employees embodies the family culture they have created. We are very proud to be T&T’s supplier for the last 40 years and excited to continue working with the T&T team going forward as they continue the amazing legacy they all helped build."

T&T Tinting Specialists has twice been named Llumar/Select Pro National Dealer of the Year, Window Film Magazine’s #1 Tinting Company in the U.S.A as well as annual recognition for excellence by Hawaii Business Magazine, The Honolulu Star Advertiser. KITV4 and Pacific Business News.

For more information about T&T Tinting Specialists, visit http://www.TNTTinting.com.

About: T&T Tinting provides the latest window film technology for vehicle, residential and commercial applications. http://www.tnttinting.com

About: Ambrose Advisors is a national middle-market investment bank and financial advisory firm focused on guiding and assisting business owners with ownership succession planning, primarily through employee ownership. http://www.AmbroseAdvisors.com

About: Sullivan Meheula Lee acted as legal counsel in connection with the ESOP transaction. Sullivan Meheula Lee is a Hawaii based law firm specialized in commercial, business and real estate transactions and litigation. http://www.smlhawaii.com




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C-Bond Ballistic-Resistant System Installed in Law Enforcement Office in Hawaii

Original Article

T&T Tinting Specialists, the leading window film installer in Hawaii, completed the installation of C-Bond BRS for local law enforcement

HOUSTON, Feb. 12, 2020 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (CBNT), a nanotechnology company that improves and strengthens glass, announced today that its C-Bond BRS (ballistic-resistant system) has been installed in a law enforcement office in Hawaii by T&T Tinting Specialists, the leading window film installer in that state.

C-Bond BRS consists of the patented C-Bond glass strengthening nanotechnology and a private-label security film. The C-Bond technology increases glass strength and flexibility by chemically bonding to the defects randomly distributed on the glass surface. C-Bond BRS has been installed in schools, government buildings, media organizations, and other high-security facilities around the country.

“This law enforcement customer understands the importance of a comprehensive security strategy and we are proud that they chose to utilize C-Bond BRS at their facility,” stated Scott R. Silverman, Chairman and CEO of C-Bond. “C-Bond BRS provides a strong defense against shootings and forced entry, and we believe offers an unparalleled level of protection compared to competitors’ products.”

C-Bond BRS is validated by an independent third-party laboratory to provide National Institute of Justice (NIJ) Level I, Level IIA, Level II, and Underwriters Laboratories (UL) 752 ballistic-resistant protection.

C-Bond’s glass strengthening technology is protected by 22 patents and patent pending applications. The C-Bond solution increases the mechanical properties of the window glass unit, enabling the glass to dissipate higher energy by targeting and repairing the microscopic flaws and defects that are randomly distributed naturally on the glass surface. These surface imperfections weaken the glass composite structure and initiate failures. C-Bond chemically bonds to the defects increasing both strength and flexibility.

About T&T Tinting

Since 1982, T&T Tinting has been Hawaii’s premier window tinting installation company and is the only glass tinting company in the State of Hawaii that is also ranked as one of the top window tint installation companies in the United States according to Window Film Magazine. T&T Tinting’s team of over 35 skilled, loyal installers and staff are certified to bring customers the highest level of quality, value and customer service, with over 250 years of combined glass tinting business experience.

About C-Bond

C-Bond Systems, Inc., headquartered in Houston, Texas, is an advanced nanotechnology company and sole owner, developer and manufacturer of the C-Bond technology. C-Bond is a patent-protected nanotechnology that is scientifically tested and commercially proven to significantly increase the strength, safety and performance levels of glass and window film products. For more information visit us at www.cbondsystems.com, on Facebook, or Twitter or watch our corporate video at: https://youtu.be/Oq2kYHmWOtk.

Statements in this press release about our future expectations constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. These risks and uncertainties include, without limitation, C-Bond’s ability to raise capital; the Company’s ability to successfully commercialize its products; as well as other risks. Additional information about these and other factors may be described in the Company’s filings with the Securities and Exchange Commission (“SEC”) including its Form 10-K filed on April 1, 2019, its Forms 10-Q filed on November 14, 2019, August 12, 2019, and May 10, 2019, and in future filings with the SEC. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.

T&T TINTING Specialist New “CoolVu”

Original Article

T&T Tinting Specialists have been around for nearly four decades and have helped many customers during those years with both vehicle and home tinting.  

There are many benefits for using window film –  Solar Control Window Films have been used now for over 50 years to reduce heat gain through glass, cut large amounts of glare, reduce the effects of fading and virtually eliminate UV-A & UV-B Ray penetration through glass for homes, commercial buildings and autos, protecting interiors from premature aging and fading, as well as make glass stronger and more shatter-resistant in times of violent weather and even hurricanes.


And now “CoolVu” is the newest and greatest in auto and home tinting.  

On a home, before CoolVu, services would install a certain shade of tint, ranging from clear UV blocking films to super-dark films or reflective films blocking up to 95% of the glare depending on the client’s problems and their intended outcome.  

Once you install that film, it will be that clear, or that dark until you remove that film from the glass.  Even though this “fixed” solution has been working well solving heat, glare and UV issues for over 5 decades now, “CoolVu can now provide the best of all worlds” says Tommy Silva, President and CEO of T&T.  

“Say you have a home up on a hill looking at a nice ocean view… Once you have a certain darkness of film installed on that window that was selected to handle the hottest, brightest time of the day, you are pretty much stuck with that level of tint even when it is not bright and hot.  That fact reduces your ability to clearly see your view at night, or even on rainy, overcast days.  In these times, CoolVu will automatically lighten up, or go clear so that you can enjoy your night (or overcast rainy day) views while instantly having the full power of the film back when the sun is actually shining and striking the film. CoolVu also allows for the best day-lighting for offices and homes.  Having a dark film on a home/office windows when it is already overcast outside will make the inside of the home or office look and feel gloomy.  CoolVu will lighten up and allow in all available light to brighten up the interior.  For autos, the Hawaii-legal 35% VLT (visible light transmission) level film may not seem too dark for some, but as we age, our eyes begin to fail and night driving can become more diffcult if you have darker films on your vehicle.  CoolVu 55/35 darkens during the day to the Hawaii legal level of 35%, but at night, or on cloudy days, will lighten up to 55% making night driving much safer for those with night blindness or failing vision.” 


For more information on CoolVu or the many other great products that T&T Tinting Specialists carry, visit tnttinting.com or call 808-423-8468

Cut the sun’s damaging effects with window film

Original Article

We’re headed for more record high temperatures in Hawaii this summer. It’s even worse when it’s in the 90s and there are no trade winds!

It almost sounds like a cliche with air conditioning shops, roofing companies and ceiling fan companies preaching that you can “beat the summer heat.” Well, at T&T Tinting you truly can and it’s more affordable than you may think. For a typical home with 150 square feet of glass, T&T can tint your home for around $975. That’s one time! No recurring monthly high electricity bills from your air conditioning use.

Call T&T Tinting and have Vista Window Film installed on your windows and cut out up to 79 percent of the sun’s heat entering through the glass. Vista Window Film also cuts virtually all the sun’s damaging UV rays — up to 99.9 percent and reduces fading on your hardwood floors, carpets, draperies, furniture and artwork. You’ll also get a huge reduction in glare making for HD quality views, and if you do have an air conditioner, you’ll cut energy costs because you won’t have to blast it on high when you get home. Instead, you could start using a fan, and that will save you money. You’ll also love the transferable lifetime warranty.

It can be transferred to the next owner of your home if you decide to sell, which will add value to your home.

Besides a great staff that has a combined 250 years of experience and a company-wide focus on customer service, T&T is partnered with the biggest window film manufacturer in the world. They simply have the best products, including many that are exclusive on Oahu to T&T.

T&T Tinting has two locations: 3035 Koapaka St. or on Kawaiahao Street near Ala Moana. Call 275-4565. Visit tnttinting.com and see photos and videos for more details. If you get an online estimate you’ll get 10 percent off!

T&T TINTING SPECIALISTS INC.
CONTACT 275-4565
WEB tnttinting.com

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