PRESS RELEASE: Vermeer Texas-Louisiana Opens Larger Facility

For Immediate Release:

May 4, 2012

Home News PRESS RELEASE: Vermeer Texas-Louisiana Opens Larger Facility

Lubbock Expansion Credited to Growth Through Employee Ownership, Company Says

(Lubbock, Texas) Vermeer Texas-Louisiana, a full-service equipment dealer specializing in environmental and construction equipment, celebrated the grand opening of their newly relocated Lubbock facility on Friday, April 27th. Company leaders noted that the business’ growth, marked by the opening of the new structure, was a testament to the hard work and success of the firm’s employee ownership model. Vermeer Texas-Louisiana is 100 percent owned by its employees.

The company’s new location, built on approximately ten acres on the southwest side of Lubbock off Slaton Highway, provides greater highway visibility and proximity to many other construction equipment suppliers. The new building boasts six full-sized service bays, a larger parts warehouse, state of the art showroom and training classroom. With the additional space, Vermeer will also be able to stock additional equipment and host demonstration and training events at their facility.

“The opening of our newly relocated facility allows us to continue to grow within in the industry and is something our employee-owners can truly take pride in,” said Branch Manager Coy McKay. “I am proud of our company’s continued success that has taken our customer-first focus to a whole new level, something that would not be possible without the dedication of all of our employee-owners which stems from our strong S ESOP structure.”

Vermeer Texas-Louisiana has grown into a region and market leader with 11 locations across Texas and Southern Louisiana, due in part to their commitment to an S ESOP corporate structure. Purchasing 100 percent of the stock in the company and establishing an Employee Stock Ownership Plan (ESOP) in 1995, Vermeer Texas-Louisiana has continued to prosper and succeed.

Vermeer’s employee-owners share in the success of the company and are motivated to work hard because the company’s earnings go toward their retirement accounts. The result from an S ESOP corporate structure is a culture of ownership in which each employee-owner is equally invested.

Vermeer Texas–Louisiana is the authorized dealer for Vermeer equipment in Texas and southern Louisiana with 11 locations across the region. Vermeer Texas-Louisiana provides dedicated sales, parts and service support for customers in the tree care, landscaping, wood waste and organic recycling, rental, underground construction and surface mining industries. For more information on Vermeer Texas-Louisiana, please visit


The Employee-Owned S Corporations of America (“ESCA”) is the Washington, DC voice for employee-owned S corporations. ESCA’s exclusive mission is to preserve and protect S corporation ESOPs and the benefits they provide to the employees who own them. These companies have an important story to tell policymakers about the tremendous success of the S ESOP structure in generating long-term retirement savings for working Americans and their families. ESCA provides the vehicle and the voice for these efforts. ESCA represents employee-owners in every state in the nation.

Latest News