Coldstream Logistics Sells Business to Employees The trucking company creates an Employee Stock Ownership Plan (ESOP) to guarantee its employees stay in the Pittsburgh regionWARRENDALE, PA – The phone rang…
Providence Engineering Sells Business to Employees The Lancaster-based engineering firm creates an ESOP to ensure its legacyLANCASTER, PA – The employees knew something was up. The boss was off script.…
KTA Leans on Employee Ownership to Get Through Pandemic Originally published for the Pittsburgh Airport Area Chamber of Commerce Oct. 11, 2020 The Pittsburgh-based company relied on the ingenuity from…
Onex Is Now 100% Employee-Owned! Erie manufacturing company launches its ESOP to better reward employees, strengthen the community and continue its family legacyERIE, PA – Owners of local industrial furnace…
COVID-19 Pushes Pennsylvania ESOPs to Protect Jobs and Increase Business Employees at NewAge Industries, Urban Engineers, Andesa Services, and Avail Technologies are leaning on their culture as owners to accomplish…
How to Tell an ESOP Story The National Center for Employee Ownership recently sat down with Ken Baker, CEO and former owner of Pennsylvania’s NewAge Industries. Ken recently sold his…
Owner Sells Family Business to Employees to Keep it Family Run CRANBERRY TOWNSHIP, PA – For Mark Nicklas, running Nicklas Supply was in his blood.The company was founded by Elmer…
60 Seconds with an ESOP Company COO Voodoo BreweryAn ESOP since 2015, headquartered in Meadville, PASince transitioning to an ESOP:-Number of employees has grown from less than 10 to 108-Valuation grew from…
60 Seconds with an ESOP Company CEO Mike Vidra, President of Tech Met, Inc.An ESOP since 2015, located in Glassport, PASince transitioning to an ESOP:-The number of employees has almost doubled, from…
Why We’re An ESOP Company 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, our…