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DOL Launches Worker Ownership Initiative Mandated in SECURE 2.0
DOL Launches Worker Ownership Initiative Mandated in SECURE 2.0

EBSA will implement a new program to empower workers through ownership arrangements and educate those workers on possible pathways.

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Bob MassengillJuly 12, 2023
Clark-Devon Hardware finds the tools it needs to persist
Clark-Devon Hardware finds the tools it needs to persist

A family company for 99 years, the business is now employee owned. Former owners Ed and Ken Walchak hope the reorganization will reward employees and respect the legacy of what their family built.

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Bob MassengillJuly 3, 2023
Strengthening employee retention by fostering an owner’s mindset
Strengthening employee retention by fostering an owner’s mindset

In an ever-evolving environment, how can companies better retain top talent and maintain a strong and stable workforce so they can continue to grow and succeed in the long term?

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Bob MassengillJune 29, 2023
Small Business Administration Streamlines Process for Companies Financing ESOPs
Small Business Administration Streamlines Process for Companies Financing ESOPs

SBA has releases guidance for ESOPs seeking loans from the SBA

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Bob MassengillJune 1, 2023
SAFE Boats Becomes 100% Employee-Owned
SAFE Boats Becomes 100% Employee-Owned

SAFE Boats designs and builds rugged boats for a range of public safety and crew comfort.

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Bob MassengillMay 31, 2023
Family-owned Business Converts to ESOP
Family-owned Business Converts to ESOP

Herregan Distributors is one the among the largest flooring distributors in the United States.  

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Bob MassengillMay 25, 2023
Sister Companies Merger to Become 100% Employee-Owned
Sister Companies Merger to Become 100% Employee-Owned

Sustainable companies New Energy Works and Pioneer Millworks become 100% Employee-Owned.

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Bob MassengillMay 16, 2023
Georgia Spa Company Becomes Employee-Owned Business As An ESOP
Georgia Spa Company Becomes Employee-Owned Business As An ESOP

“I started this company 19 years ago from scratch, and I don’t want to leave something that doesn’t have a legacy and extension of what we’ve grown,” announced founder, Mark Stevens.

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Bob MassengillMay 8, 2023
Denver restaurant group Edible Beats offers stock to employees
Denver restaurant group Edible Beats offers stock to employees

Denver restaurant chain retains employees in a high turnover business with its ESOP.

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Bob MassengillMay 5, 2023
Employees as owners?  Work for us!
Employees as owners? Work for us!

George Lessmeister, CEO and founder of LGC Hospitality, on what employee ownership means to LCG.

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Bob MassengillMay 2, 2023
Jasper Holdings, Inc. announces record ESOP Value for 2022
Jasper Holdings, Inc. announces record ESOP Value for 2022

Jasper Holdings’ 14 year-old ESOP continues to benefit its 4,100 Associate-Owners.

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Bob MassengillApril 29, 2023
The millionaire workers club at Stewart's Shops keeps growing
The millionaire workers club at Stewart's Shops keeps growing

Employee ownership means the local convenience store chain now has 175 workers with more than $1 million in company stock

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Bob MassengillApril 14, 2023
Wallick Communities Announces Ownership Change
Wallick Communities Announces Ownership Change

Family-Owned Company Transitioning to Employee Stock Ownership Plan

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Bob MassengillApril 12, 2023
How employee ownership helps fuel federal contractor’s growth, success
How employee ownership helps fuel federal contractor’s growth, success

The ESOP has been a major factor in Calibre System’s growth, according to CEO.

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Bob MassengillMarch 24, 2023
Big G Express Acquires RTR Transportation
Big G Express Acquires RTR Transportation

ESOP-Owned Big G now has more employee owners.

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Bob MassengillMarch 14, 2023
'Stake in the game': Employee ownership plans can help a business thrive
'Stake in the game': Employee ownership plans can help a business thrive

Thermo-Twin says it better than most - Why ESOPs Work.

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Bob MassengillMarch 6, 2023
Hammers Construction, Inc.  Launches ESOP
Hammers Construction, Inc. Launches ESOP

New ESOP benefit created to reward and incentivize Minnesota construction company employees.

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Bob MassengillMarch 2, 2023
Employee-Owned Companies Experience Improved Morale, Retention
Employee-Owned Companies Experience Improved Morale, Retention

Two manufacturing companies share their experiences with broad-based employee ownership.

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Bob MassengillFebruary 24, 2023
Heidi Hendy Appoints Co-CEOs to Helm Award-Winning Interior Architecture and Design Firm Upon Retirement
Heidi Hendy Appoints Co-CEOs to Helm Award-Winning Interior Architecture and Design Firm Upon Retirement

Firm veterans Susan Dwyer and Carolina Weidler ascend to principal owners, executive leaders of newly structured ESOP firm; Hendy transitions to Chair of the Board

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Bob MassengillFebruary 22, 2023
TI-TRUST, Inc. – Now an Employee-Owned Company
TI-TRUST, Inc. – Now an Employee-Owned Company

Leading ESOP fiduciary adopts an Employee Stock Ownership Plan and becomes Illinois’ newest ESOP company.

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Bob MassengillFebruary 6, 2023
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