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Black & Veatch

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2006

[This document has not yet been rated] 1220 views

Black & Veatch is one of the largest employee-owned companies in the country, with more than 7,000 professionals and 90 worldwide locations.

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Google

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2006

[This document has not yet been rated] 1035 views

Google’s unusual prospectus when it went public included a definitive statement by its founders that it would continue its broad ownership system and its high-involvement culture whether investors and analysts liked it or not.

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FilmX

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2006

[This document has not yet been rated] 2638 views

If anyone should understand the relationship between ownership culture and corporate performance in an ESOP company, it’s Michael Quarrey.

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JetBlue Airways

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2005

[This document has not yet been rated] 1683 views

JetBlue employees are given the opportunity to own a direct stake in their company through the Crewmember Stock Purchase Plan, better known as a Section 423 employee stock purchase plan, or ESPP.

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Thoits Insurance

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2005

[This document has not yet been rated] 757 views

Thoits Insurance in Mountain View, CA embodies what many employee ownership advocates hope to see in ESOP companies.

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The Dexia Group

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2005

[This document has not yet been rated] 921 views

In 2000, Dexia started an innovative share purchase plan for employees designed to maximize the leverage employees could gain by buying company stock.

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MSA Professional Services

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2005

[This document has not yet been rated] 714 views

Since its inception as a three-person partnership in 1962, MSA Professional Services has always been committed to sharing ownership beyond the principals of the firm.

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SJF Ventures

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2005

[This document has not yet been rated] 867 views

SJF Ventures sees employee ownership as a way of helping lower-level employees become financially secure.

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SJE Rhombus Controls

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2005

[This document has not yet been rated] 836 views

SJE Rhombus Controls was established in 1975 in Detroit Lakes, MN, about an hour east of the Minnesota-North Dakota border.

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Meyer Associates

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2005

[This document has not yet been rated] 766 views

Eight years ago, Larry Meyer came to an NCEO workshop to learn whether an ESOP would make sense for his teleservices company.

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Lewis Tree Service

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2004

[This document has not yet been rated] 735 views

In 1998, the owners of Lewis Tree Service set up an ESOP to buy 30% of the company; in 2000, the ESOP purchased the remaining stock. The purchase turned out to be a great investment.

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TEOCO

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2004

[This document has not yet been rated] 639 views

Employee ownership has been a cornerstone of the culture at TEOCO since the firm was founded.

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Kindermusik

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2004

[This document has not yet been rated] 840 views

Kindermusik International is a program of music and movement education for children ages one through eight.

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Foster & Gallagher

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2004

[This document has not yet been rated] 1432 views

Not every ESOP has a happy ending, and one of the unhappiest was at Foster & Gallagher (F&G).

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SpawGlass Holdings

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2004

[This document has not yet been rated] 695 views

In the early 1990s when a French multinational wanted to get rid of its U.S. holdings, Ron Taylor proposed it sell the businesses to employees.

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The Antioch Company

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2004

[This document has not yet been rated] 793 views

In 1979, a small printing company in Yellow Springs, Ohio, set up an ESOP.

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Hypertherm

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2004

[This document has not yet been rated] 627 views

One of the most honored of all ESOP companies is Hypertherm, a 600-employee manufacturer of plasma cutting tools used for metal cutting.

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Green Mountain Coffee

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2004

[This document has not yet been rated] 1077 views

Green Mountain Coffee would have to rank high among publicly traded companies in its commitment to employee ownership.

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Dream Team Technologies

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 698 views

The name Dream Team Technologies didn’t happen by accident. And it’s not just a catch phrase.

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Union Fish Company

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 734 views

Just how small can a company be and still make an ESOP work?

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CPES

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 644 views

Community Psychology & Education Services (CPES) is one of those companies that makes employee ownership advocates feel they are doing the right thing.

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Arthrocare

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 663 views

Arthrocare, one of the most innovative medical device companies, was established in the heart of California’s Silicon Valley in 1993. In ten years, the company has experienced tremendous success, both in medical technology and business.

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Sentry Equipment

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 787 views

For many ESOP companies, the establishment of an employee ownership plan is a natural fit with an existing culture of high involvement.

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Keeping Things Sweet at Sara Lee

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 770 views

According to Dan Ryan, VP of Compensation and Benefits for Sara Lee, much of the company’s success is a direct result of its culture.

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Travel and Transport, Inc.

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 672 views

There have been few ways more difficult to make money in recent years than the travel agency business.

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Intuit, Inc.: A Study in Successful Employee Relations

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 1218 views

In the field of personal and small business finance automation, there is one dominant player whose name is immediately recognizable to almost everybody. The company is Intuit Inc. and there are some very good reasons for its dramatic success.

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Farmers National Company

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 628 views

In 1929, Bruce Russell and C.J. Claasen decided to start a company. It didn’t seem like an auspicious time, but the partners believed there was a market for professional farm management for absentee landowners.

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A. Epstein and Sons International, Inc.

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2003

[This document has not yet been rated] 689 views

If you have been to Chicago’s impressively redesigned Midway Airport, you have seen the award-winning work of A. Epstein and Sons International, Inc., the lead firm in the redevelopment program.

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CH2MHill

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 538 views

CH2Mhill is an employee-owned engineering and construction company that has been providing worldwide project delivery services for over 50 years.

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New Belgium Brewing Company, Inc.

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 1329 views

In 1991, avid electrical engineer and bicyclist Jeff Lebesch was cycling through Belgium, sampling its renowned beers along the way. Lebesch decided he’d like to try to duplicate that taste back in his home town of Fort Collins, Colorado.

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Apex Systems

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 685 views

While the concept of temporary staffing is not new, Apex Systems of Richmond, VA, is unusual in that all its employees enjoy a degree of ownership rarely seen in that industry.

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American Systems Corporation

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 707 views

American Systems Corporation (ASC) is an employee-owned company of close to 1,000 engineers, analysts, and technicians in 21 offices nationwide with headquarters in Chantilly, VA, just outside Washington, D.C.

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ZIBA Design, Inc.

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 1663 views

ZIBA Design Inc. is not your ordinary industrial design firm.

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Lloyd Enterprises, Inc.

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 746 views

In the late 1990s, the IRS started to contend that the price an ESOP pays for shares should reflect the post-transaction debt it takes on to buy them.

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DPR Construction: Using Phantom Stock for Broad Ownership

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 1263 views

From the outset in 1990, the founders of DPR tried to create a company modeled after Silicon Valley’s high-tech innovators, where dedicated employees worked long hours motivated by their sense of belonging and a financial stake in the company’s success.

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Phelps County Bank

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 935 views

Over the years, the National Center for Employee Ownership has often reported on Phelps County Bank, one of the best examples of ownership cultures the know.

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Creo Products

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 559 views

One of the most hotly debated issues in employee ownership is the ability of stock options to promote longterm ownership attitudes and behaviors.

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Shawmut Construction

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2002

[This document has not yet been rated] 670 views

Shawmut Design and Construction is a Boston-based ESOP company doing $300 million a year in building and construction management.

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Norcal Waste Systems

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2001

[This document has not yet been rated] 616 views

Norcal has its roots in the Italian-immigrant-run garbage collection services of late 19th century San Francisco.

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HNTB Corporation

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2001

[This document has not yet been rated] 803 views

HNTB is a Kansas City-based national architecture, engineering, and planning firm. With 2,800 employees, over 2,100 current projects, and over 60 offices worldwide, it is one of the largest companies of its type.

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Bofors: A Case Study of an ESOP Sale

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2001

[This document has not yet been rated] 1627 views

Bofors, Inc., a printing company in San Mateo, CA, has been one of the most active, visited, and talked about ESOPs.

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Cisco Systems

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2001

[This document has not yet been rated] 787 views

Cisco wants to use highly leveraged compensation to attract, retain, and motivate top talent at all job levels.

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LeFiell Manufacturing

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2001

[This document has not yet been rated] 989 views

Few companies do more to create an ownership culture, or have done it longer, than LeFiell Manufacturing, a 200-employee manufacturer of tubular components for commercial aircraft and the space industry.

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Gardeners Supply Company

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2001

[This document has not yet been rated] 574 views

As ESOPs have matured over the last 25 years, companies have found that to keep ownership alive, they need to find multiple ways to communicate with employees and get them involved.

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CyberOptics

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2000

[This document has not yet been rated] 573 views

One of the advantages of a broad-based stock option plan is its flexibility.

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Case Study: Scot Forge

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2000

[This document has not yet been rated] 954 views

It’s easy to find a Scot Forge employee at a conference. They’re the ones in the red tartan plaid clothing, just one of many traditions at Scot.

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Avid Technology

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2000

[This document has not yet been rated] 561 views

Broad-based stock option plans give companies a great deal of freedom in deciding who receives options, how many, and how often.

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How ComSonics Stays Employee-Owned

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2000

[This document has not yet been rated] 711 views

ComSonics, Inc. of Harrisonburg, VA, is a 100% ESOP-owned S corporation.

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Case Study: Ferrellgas

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2000

[This document has not yet been rated] 1146 views

One of the largest ESOP transactions of the 1990s was the purchase by employees of 58% of Ferrellgas, the country’s leading propane distributor.

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Haywood Builders Supply

Author: The National Center for Employee Ownership
Product Type: Mini-Cases
Source: The National Center for Employee Ownership
Publication Year: 2000

[This document has not yet been rated] 750 views

At 7 p.m. on Friday, January 10, 1997 Philip Dooly, president of Haywood Builders Supply in Waynesville, NC, left work. An hour later a raging fire broke out.

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