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Employee Ownership: A Presidential Ideal

Employee Ownership: A Presidential Ideal This President's Day, the Employee-owned S Corporations of America (ESCA) celebrates a long history of American leaders standing up for workers' success. From the factory office to the Oval Office, support for employee ownership aligns with the greatest of American ideals: Freedom: Employee ownership is proven to boost wealth while [...]

A Year In Review: Employee Ownership In 2016

A Year In Review: Employee Ownership In 2016 It's that time of year again – the time when we celebrate all we've accomplished with our friends and family. This holiday season, private, employee-owned companies across the United States are celebrating another year of growth, productivity, and security, driven by teamwork and the joys of ownership. [...]

Formalizing Our Employee Ownership Value

Formalizing Our Employee Ownership Value By Nathan A. Ulery Even during our humble beginnings in 2002, West Monroe Partners was focused on building the next generation of leaders – and sharing the financial rewards of building a business with our employees who made it all possible. As the antithesis of a “churn and burn” consultancy, [...]

Every Employee An Owner, Every Customer A Commitment

Every Employee An Owner, Every Customer A Commitment Established in 1924, Sentry Equipment Corp. provides sampling and analysis techniques to customers, allowing them to optimize process control and product quality. Our services and products help businesses improve production efficiency, output, and safety around the world. In 1985, Sentry Equipment Corp. owners Dick and Mary Henszey [...]

Why We’re An ESOP Company

Why We're An ESOP Company By Ann Phy NewAge Industries manufactures plastic and rubber tubing in Southampton, Pennsylvania, just north of Philadelphia. In 2006 we became a partially employee-owned company when Ken Baker, CEO and majority shareholder, sold thirty percent of the S corporation to an employee stock ownership plan (ESOP). Baker sold another ten [...]

Think A Little Different, Work A Little Harder

Think A Little Different, Work A Little Harder By Kate Schwenk and Audra Dilger “What will happen to our brand, our people, and our community?” This was a question proposed by our CEO Doug Bawel several years ago when Jasper Engines & Transmissions was approached by a larger competitor to purchase the company. That question [...]

Building A Strong Company Culture From The Basement Up

Building A Strong Company Culture From The Basement Up By Joey Nestegard If you visit Schweitzer Engineering Laboratories (SEL) on a Friday afternoon, you won’t find employees at their desks or on the manufacturing line. That’s because everyone is at Friday Lunch, a companywide, hour-long catered business meeting. This business meeting dates back to 1982, [...]

ESOP Provides Much Needed Support When Tragedy Strikes

ESOP Provides Much Needed Support When Tragedy Strikes Maria Reyes began working for Entertainment Partners (EP) in 1990, straight out of high school. In 2000, her high school sweetheart husband, Johnny, joined EP’s Facilities Department. Maria and Johnny bought a house in Los Angeles’s San Fernando Valley and had two children. For two and a [...]

How Being An Employee-Owned Company Has Driven Acadian’s Growth And Success

How Being An Employee-Owned Company Has Driven Acadian’s Growth And Success By Richard Zuschlag Acadian Ambulance Service was founded in 1971 and has grown to become the nation’s largest and most respected privately held medical transportation company. What began as a small ambulance company in South Louisiana has expanded to include a diverse suite of [...]

INFOGRAPHIC: ESOPs – An All-American Classic

Sixty-Eight Percent of Americans Support Employee Ownership and a Shared Stake in Success Sixty-eight percent of Americans say they support the concept of companies being owned by their employees, according to polling by Public Policy Polling and released by Employee-owned S Corporations of America (ESCA). The poll also found that nearly 60 percent of Americans [...]