ESOP Company Gains Market Share in Current Economy

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The introduction of the Iowa ESOP Initiative has resulted in a lot of positive ESOP news coverage for ESOP companies and the benefits of Selling to an ESOP.  Iowans benefit from employee stock ownership provides a first-hand look at Van Meter Industrial, one of Iowa’s successful ESOP-owned companies.  The article discusses the company's Ownership Culture and how the company has continued to thrive in the current economic environment:

We continued to invest and hire new people allowing the company to grow market share and provide additional job security and growth to our employee-owners here in Iowa.

An ESOP gives every employee owner a stake in the outcome. Equity sharing is a benefit that pays for itself by putting everyone in the same boat. Each person shares in the risks and rewards of being an owner, rising together as one. Through an ESOP, employees recognize opportunities they have to create financial security for themselves and for one another, and they have direct influence over the direction and success of the business.