We are committed to achieving the highest level of safety for our associates.
In 2022, there were zero employee fatalities, and we reduced our TRIR at our facilities. Regular monitoring of our safety performance statistics helps us maintain this track record and make progress toward our vision of zero workplace injuries. We have set an annual TRIR reduction goal of 10% in 2023 (compared to our 2022 baseline).
Combining Zurn and Elkay into one company increased the physical footprint of our facilities and our number of employees, while also expanding the number of manufacturing locations we operate. Despite the additional risk created by these changes, we significantly improved safety performance from 2021 to 2022 as a combined company.
To reflect the combined activities of Zurn and Elkay, we recalculated our 2020 and 2021 safety performance. Our recalculated 2021 TRIR was 1.60 and the Lost Time Incident Rate (LTIR) was 0.60. In 2022, our combined TRIR was 1.21—a reduction of nearly 24%. Our combined LTIR was 0.37 in 2022, a 38% improvement from 2021. In addition to our overall reductions in TRIR and LTIR, 55% of our manufacturing and warehouse locations achieved zero recordable injuries in 2022, an improvement from 41% in 2021.