- The Washington Times - Thursday, October 31, 2002

Newsletter publisher Phillips International Inc. said yesterday it was inviting all of its workers and their families about 1,300 people on an expenses-paid Disney cruise to celebrate the company's 30th anniversary.
Employees of the Potomac, Md., company have until Dec. 2 to commit to the three-day trip, which will leave Sept. 4, 2003, and return to Port Canaveral, Fla., while making stops in Nassau, Bahamas, and Castaway Cay, a Disney-owned island. All 400 full- and part-time workers and their families have been invited, along with 70 employees of Eagle Publishing Co., a separate firm owned by Tom Phillips, the founder of Phillips International.
The trip is similar to one taken by Phillips employees 10 years ago. Then, workers went to Disney World in Orlando, Fla., to celebrate the Phillips' 20th anniversary.
"There's just a lot of recognition of the employees here," said Phillips spokeswoman Jennifer Myers. "It's a very family atmosphere. It's just such a unique place to work."
Phillips has expanded its portfolio of publications and services in the last 10 years, but has about 135 fewer employees. The company was hit hard after September 11, and cut some jobs from its Investment Services division in October of last year. But Miss Myers said Phillips has rebounded.
"We're doing very well, especially in this economy," Miss Myers said. "Obviously, last fall, it was rough there for a while."
Phillips will pay more than $1 million for the Disney cruise, which will be considered income on employee tax forms.

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