Employee Stock Ownership Plans (ESOPs)

Haskell

Headquartered in Jacksonville, Haskell is an integrated design-build firm founded in 1965 with four locations. In 2008, the company became employee-owned and currently has 601 ESOP participants. To further communication between employees and senior management following the ESOP transition, the ESOP Communication Committee was formed to liaise for both parties. The firm currently has more than 690 employees, generates revenue of over $590 million, and has completed 1,500 projects to date.

New Belgium Brewing

100 percent of the New Belgium Brewing company is owned by the coworkers through an Employee Stock Ownership Plan (ESOP).  The company also offers financial training and book management so all employees are educated on the business of doing business. Read more about New Belgium Brewing...

New Belgium Brewing

Over 40 percent of the New Belgium Brewing company is owned by the coworkers through an Employee Stock Ownership Plan (ESOP).  The company also offers financial training and book management so all employees are educated on the business of doing business.

Rocky Mountain Employee Ownership Center

The Rocky Mountain Employee Ownership Center is a non-profit organization that promotes employee ownership through educational literature, consultation, and support services to firms interested in developing employee-owned companies. Read more about Rocky Mountain Employee Ownership Center...

Gripnail Corporation

In business since 1966, Gripnail became a 100 percent employee-owned company in 2004. The corporation specializes in the manufacturing of specialty fasteners and fastener application equipment, especially to the surface of metal.  All products are produced in East Providence and distributed both domestically and internationally.

Employee ownership legislation in the Senate

Bills would help expand worker-owned business

On July 23rd, 2012, Senator Bernie Sanders (I-VT) introduced two bills to support the expansion of employee owned businesses in the US.  The underlying rationale behind the legislation focuses on the increased productivity and stability of businesses in which employees are also owners.  By helping employee ownership and participation in businesses to become more widespread across the United States, the two bills would help preserve jobs and build a stronger economy.

Read more about Employee ownership legislation in the Senate...

Austin Industries

Austin Industries is a construction company that provides nearly every type of civil, commercial and industrial construction service to a variety of industries and is 100% employee owned. Read more about Austin Industries...

Maryland Brush Company

Maryland Brush Company was established in 1851 and is a leading manufacturer and supplier of industrial brushes to customers on every continent. A subsidiary of Pittsburgh Plate & Glass from 1901 to 1989, it was spun off and incorporated as ESOP in 1990 with the assistance of the United Steelworkers. It is 100 percent owned by its 39 employees.

Green Contracting Company

Founded in 1959, Green Contracting Company, Inc. is a mechanical contractor specializing in heavy mechanical construction with more than 100 employees and annual revenues of roughly $35 million.  In 1999, the company became 100 percent employee-owned through an ESOP.

Recology

With roots back to early “scavenger” companies founded in San Francisco in the early 1900s, Recology is a 100 percent employee owned company dedicated to building resource ecosystems that protect the environment and sustain communities.  To do so, the company’s services include street and commercial facility cleaning, landscaping and maintenance; waste collection, recovery, processing, sorting and transfer; waste recycling education; organic material collection and processing; and landfill management.  In all its work, the company is committed to a “zero waste” approach, which means finding ways to use waste products in a way that benefits the environment and only landfilling materials for which no use has yet been found.  Today, Recology is recognized as the largest employee-owned company in the resource recovery industry and serves as a parent to over 40 subsidiaries that provide integrated services to over 670,000 residential and 95,000 commercial customers in California, Oregon, Nevada and Washington.  Recology hires directly from the communities it serves, aims to purchase local goods and services when possible, and supports community development programs.

The Shared Capitalism Institute

The Shared Capitalism Institute prepares policy papers and educational materials to inform public debates about the role of economic inclusion in addressing key social issues, with a heavy focus on promoting employee ownership. Read more about The Shared Capitalism Institute...

Employee Stock Ownership Plans Association

The ESOP Association is a membership organization composed of companies with employee ownership and those transitioning to employee ownership status. This non-profit organization provides educational materials and training seminars necessary for the successful management of employee-owned companies. Read more about Employee Stock Ownership Plans Association...

Center for Economic and Social Justice

The Center for Economic and Social Justice is a non-profit, non-partisan education and research organization dedicated to promoting economic justice on a global scale by expanding capital ownership to a broader segment of society. Read more about Center for Economic and Social Justice...