Tag: ESOP
Folience named national ESOP Company of the Year
Folience, a Cedar Rapids-based holding company whose properties include The Gazette, received the ESOP Association’s National 2022 Employee Owned Company of the Year award...
Folience acquires Kansas-based TravAlum to boost capacity for Cimarron Trailers division
Folience, a Cedar Rapids-based ESOP-owned holding company, announced Tuesday that it has acquired the assets of TravAlum, an aluminum trailer manufacturer based in Manhattan,...
Mi-T-M Corporation announces full ESOP ownership
Mi-T-M Corporation, based in Peosta, has announced its transition to full employee ownership under an ESOP (Employee Stock Ownership Plan).
Company founder and CEO A.J....
ESCO Group transitions to full ESOP ownership
ESCO Group has announced the successful transfer of 100% ownership of the company to its employees via an Employee Stock Ownership Plan (ESOP) for...
Folience CEO makes the case for more ESOP support
Daniel Goldstein, president and CEO of Folience, testifies on behalf of The ESOP Association before the House Small Business Committee Hearing on the Challenges...
Navigating the ESOP maze
By Dave DeWitte
dave@corridorbusiness.com
Transferring a company’s ownership from a private owner to employees through an Employee Stock Ownership Plan may be admirable, but it’s far...
Stepping under the ESOP umbrella
Employee-owned companies in the Corridor are pursuing M&A deals in a bid to diversify
By Dave DeWitte
dave@corridorbusiness.com
Employee stock ownership plans, or ESOPs, long used by...
ESG calculates its next moves
Gary Kaufman, who acquired Entrepreneurial Services Group in January, stands outside his Armstrong Center office on the Third Avenue SE skywalk in Cedar Rapids....