Employee stock ownership plan (ESOP)

/Tag: Employee stock ownership plan (ESOP)

Employees Now Own AMS Retail Solutions

It's not every day that you walk into work and the company President announces, "You now own the company!" However, that's what happened at AMS Retail Solutions (AMS) in Mooresville, NC, to kick off the company's 20th Anniversary year. The nearly 500-person retail merchandising consulting firm works with large, global brands across all 50 states and Canada. Today, AMS rolled

Bernie Sanders Wants Companies to Give Employees Ownership

Bernie Sanders, one of the leading Democratic candidates for the presidency in 2020, recently revived his push to give American workers more ownership of the businesses they work for. The Vermont senator told the Washington Postlate last month that businesses should be required to put some of their stocks into employee-controlled funds, so workers get dividends. Two other

We bought the company! Vermont takes leading role in employee-owned businesses

Jason Patnaude calls it the worst day of his life. Patnaude, 54, attended vocational school in Essex after graduating high school, leaving early to install Megabucks machines. Two and a half years later, he was let go when the machines became obsolete. "My daughter was three months old, we built a house, and bought a

Employees Take Ownership of Chelsea Green

Vermont-based Chelsea Green Publishing is now fully employee-owned, marking the completion of an eight-year transition initiated by founders Margo and Ian Baldwin. Through an employee stock-ownership plan (ESOP), the company purchased ownership shares from the Baldwins on behalf of the 25 employees who are now the owners of the independent publishing house. “We have always

Jasper Engines announces record-setting employee share value

Associate-owner shareholders in the Jasper Engines & Transmissions Employee Stock Ownership Plan (ESOP) were treated to another record-setting share value announcement on April 26. A total of nearly $12,000,000 in new shares were distributed to over 2,400 eligible associate-owners. JASPER share value continues to experience rocket ship growth since the inception of its ESOP in

The Motz Corporation Proudly Becomes Employee Owned

The Motz Corporation, global provider of innovative turf solutions, is now employee owned after launching an employee stock ownership plan (ESOP).  Founded in 1977 and serving the high-performance natural and synthetic turf markets, The Motz Corporation is one of the most recognized and highly respected turf system specialists in the world. Celebrating more than 40 years in the industry,