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Labor Secretary Vows to Strengthen ESOP Landscape in First Major Speech
Labor Secretary Vows to Strengthen ESOP Landscape in First Major Speech

Labor Secretary Lori Chavez-DeRemer gave the keynote address at The ESOP Association (TEA) National Conference in Washington, DC.

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Bob MassengillMay 19, 2025
ESOP Bills Introduced in Senate
ESOP Bills Introduced in Senate

The two bills, proposed by Senator Bill Cassidy, aim to strength employee stock ownership plans.

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Bob MassengillMay 19, 2025
Sebright Products Inc. transitions to 100-percent employee ownership
Sebright Products Inc. transitions to 100-percent employee ownership

Waste handling and recycling equipment company implements employee stock ownership plan.

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Bob MassengillMay 6, 2025
HL Stearns transitions to employee ownership through new ESOP
HL Stearns transitions to employee ownership through new ESOP

Commercial and architectural lighting distributor becomes 100% ESOP.

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Bob MassengillApril 18, 2025
In a polarized US Capitol, employee ownership brings lawmakers together
In a polarized US Capitol, employee ownership brings lawmakers together

ESOPs are where Karl Marx and Adam Smith meet in warm embrace.

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Bob MassengillApril 18, 2025
LJA Engineering lets engineers have fun, make money and make a difference
LJA Engineering lets engineers have fun, make money and make a difference

The Houston-based civil engineering firm has a strong culture of employee engagement and ownership

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Bob MassengillApril 5, 2025
ESOP-Owned PFSBrands Acquires Moser's Foods
ESOP-Owned PFSBrands Acquires Moser's Foods

Moser’s Foods becomes employee-owned through sale to PFS Brands

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Bob MassengillApril 5, 2025
Brady Fox:  Let’s expand employee stock ownership programs
Brady Fox: Let’s expand employee stock ownership programs

Imagine if every worker in the state could own a piece of the company where they work.

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Bob MassengillApril 4, 2025
Radiance Technologies celebrates its newest facility with the ‘right stuff’
Radiance Technologies celebrates its newest facility with the ‘right stuff’

Radiance Technologies celebrated the company’s newest facility with praise for Huntsville and the employees.

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Bob MassengillMarch 17, 2025
Oregon construction firm now fully employee-owned
Oregon construction firm now fully employee-owned

The LMC ESOP gives employees an opportunity to share in the company’s continued growth and success.

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Bob MassengillMarch 11, 2025
Jim's Formal Wear Becomes 100% Employee-Owned Company
Jim's Formal Wear Becomes 100% Employee-Owned Company

This change strengthens JFW's long-term commitment to its employees and customers.

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Bob MassengillMarch 5, 2025
KieranTimberlake transitions from partnership to 100 percent employee-owned firm
KieranTimberlake transitions from partnership to 100 percent employee-owned firm

One-hundred and twenty-five employees become owners.

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Bob MassengillMarch 4, 2025
Largest US Private Companies with Employee Ownership
Largest US Private Companies with Employee Ownership

Seventeen of the Largest 100 Private Companies Have Employee Ownership

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Bob MassengillMarch 4, 2025
$1 Billion Sale of Employee-Owned Firm Will Lead to Worker Windfalls
$1 Billion Sale of Employee-Owned Firm Will Lead to Worker Windfalls

Some workers invested in the employee stock ownership plan at Vermont Information Processing will receive millions when it's sold to the private equity firm Warburg Pincus.

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Bob MassengillFebruary 20, 2025
TEPCON Construction will transition to employee stock ownership plan
TEPCON Construction will transition to employee stock ownership plan

TEPCON reinforcing the company’s commitment to innovation, excellence, and long-term sustainability via employee ownership. Effective January 1, 2025, TEPCON’s employees are now co-owners, ensuring a future built on shared success and accountability.

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Bob MassengillFebruary 13, 2025
The Challenges, And Benefits, Of Selling To An ESOP
The Challenges, And Benefits, Of Selling To An ESOP

Selling to private equity, when it’s known that the model is to sell the company in five to seven years, didn't make much sense.

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Bob MassengillFebruary 3, 2025
Findorff becomes 100% employee owned with employee stock ownership plan
Findorff becomes 100% employee owned with employee stock ownership plan

The move aims to improve retention, recruitment, and company culture

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Bob MassengillJanuary 29, 2025
Family-owned industry leader announces conversion to employee ownership
Family-owned industry leader announces conversion to employee ownership

Ownership changes but management remains in place

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Bob MassengillJanuary 24, 2025
ESOP Proposal Withdrawn by Trump Administration
ESOP Proposal Withdrawn by Trump Administration

President Donald Trump issued an executive order on Monday that froze all pending proposals from the Biden administration.

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Bob MassengillJanuary 22, 2025
True-Free Greetings transfers ownership to newly-formed ESOP
True-Free Greetings transfers ownership to newly-formed ESOP

Keene greeting cards business becomes employee-owned

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Bob MassengillJanuary 21, 2025
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