News

Wealth building at Jasper Holdings continues with its ESOP value nearly $2.2 billion

Maine Drilling & Blasting (MD&B), a leading provider of drilling and blasting services, is celebrating its 60th anniversary and its 22nd as an Employee Owned Company.

Its ESOP Ownership Model Is Why.

The Employee Benefits Security Administration (EBSA), under Assistant Secretary Daniel Aronowitz, will be shifting enforcement focus away from Employee Stock Ownership Plan (ESOP) valuation investigations.

Important Court Ruling in Favor of Managing ESOP Share Repurchase Obligations

ERISA litigation reform in the works.

Acquisition brings together two companies with decades of success delivering innovative solutions to the aerospace and defense science and technology sector.

BOWA formalizes its culture of ownership, and aligns its governance structure with a broader commitment to employees, clients, partners, community, and the environment by going ESOP

There was an 8% increase in workers participating in ESOPs over the past decade, but the Department of Labor wants that number to grow more.

“Our employees are the foundation of Western Specialty Contractors’ success”

Hawaiian Restaurant Group Becomes ESOP owned

Company recently announced the company was transitioning to an employee ownership structure

Reinforces People‑First Legacy and Strengthens Long‑Term Resilience

Daniel Aronowitz, the head of EBSA, had previously pledged to ‘end the war’ on employee stock ownership plans.

"As employee-owners, we will all share more closely in what we build together by continuing to provide quality workmanship and first-class customer service”