October 26, 2015 • 4:52 pm
Nebraska Governor Pete Ricketts officially proclaims October to be Employee Stock Ownership Plan Month in the State of Nebraska during a ceremony held in Lincoln, Nebraska on October 14, 2105. The Communications Team from Travel and Transport, Inc. met with the Governor to accept the Proclamation.
Filed under: Chapter News, Employee Ownership Month (EOM), Government Affairs
October 13, 2015 • 11:27 am
Senator Ron Johnson (R-WI) visited Sentry Equipment Corporation, Oconomowoc, WI, on October 12, 2015. During his visit Senator Johnson met with the Sentry Equipment Corporation management team, had a quick shop tour, and then addressed well over 100 employee owners.
Pictured left to right: Brian Baker, President & CEO of Sentry Equipment Corporation and United States Senator for Wisconsin Ron Johnson.
Filed under: Chapter News, Government Affairs, Congressional Visit, Congressional Visits, Government Affairs
October 12, 2015 • 12:02 pm
Precision Pulley and Idler (PPI), Pella, IA, hosted a Congressional visit with Congressman Steve King on Friday, October 2, 2015. During his visit Congressman King toured a KOFAB plant (division of PPI) in Algona, IA.
Pictured left to right: Gary Schiltz; PPI, Congressman Steve King, and Tim Wolf; PPI.
Filed under: Chapter News, Government Affairs
October 2, 2015 • 4:19 pm
On October 1, 2015, Pennsylvania State Representative Kerry Benninghoff presents the employee owners of RESTEK Corporation, Bellefonte, PA., with a Resolution declaring October employee ownership month in the state of Pennsylvania.
Filed under: Chapter News, Employee Ownership Month (EOM), Government Affairs, Congressional Visits, Employee Ownership Month
September 30, 2015 • 1:02 pm
Iowa Governor Terry Branstad officially proclaims October to be Employee Ownership Month in the State of Iowa during an official signing ceremony held at the Governor’s office on September 29, 2015. The signing was witnessed by several Iowa/Nebraska Chapter members.
Iowa Governor Terry Branstad officially proclaims October to be Employee Ownership Month in the State of Iowa.
A proclamation is an easy way to alert your elected officials to ESOPs in their community, district, or state. A proclamation is issued by a legislative body designating an official observance of Employee Ownership Month. You can ask your mayor, state representative, or governor to issue a proclamation.
Filed under: Chapter News, Employee Ownership Month (EOM), Government Affairs, Congressional Visits, Employee Ownership Month, Iowa/Nebraska Chapter
September 3, 2015 • 10:00 am
The New Jersey Assembly is moving forward with a state bill on ESOPs. The bill, A4021, would “Provide gross income tax exclusion for capital gains from sale of certain employer securities by qualified business that result in net positive benefit to the State.”
ESOP Association President, J. Michael Keeling, said, “This is a positive for the ESOP community and the state of New Jersey.”
Filed under: Government Affairs, New Jersey ESOP Bill
August 25, 2015 • 10:30 am
Congressman Reid Ribble (R-8) visited the Hatco Corporation manufacturing facility in Sturgeon Bay, Wisconsin, on August 11. Congressman Ribble toured the facility and held a very constructive meeting with employee owners discussing what employee ownership has done for the company and for them personally. Congressman Ribble stated his support for employee ownership and committed to reviewing H.R. 2096 (The Promotion and Expansion of Private Employee Ownership Act of 2015) after the visit and that he would consider signing on to the bill after that review.
Hatco is a worldwide designer and manufacturer of commercial foodservice equipment that offers innovative solutions to the foodservice industry. The company has grown steadily through the years by product line expansion and great customer service. Hatco began in 1950 and first became employee owned in 2004. Today Hatco is a 100% S Corp ESOP.
Filed under: Government Affairs, TEA Members, Hatco
August 19, 2015 • 10:15 am
CEMSI, ComSonics Electronic Manufacturing Services Incorporated, located in Harrisonburg, Virginia recently hosted Congressman Bob Goodlatte (R) of Virginia’s 6th District for a tour of the ComSonics manufacturing facility. ComSonics reported that Congressman Goodlatte has always been a strong supporter of employee ownership and he is always willing to take time from his busy schedule to visit with our employee‐owners when he is available.
During his visit, there was time to answer questions and the Congressman shared his views about employee ownership and his ongoing belief that it works. ComSonics employee owners also took the time to discuss H.R. 2096 and asked for his support on the Promotion and Expansion of Private Employee Ownership Act.
ComSonics also provided a letter asking for his backing upon his departure. Within a few weeks the company received a letter from the Congressman noting that he was pleased to inform ComSonics that he had become a cosponsor of the legislation.
Filed under: Government Affairs, TEA Members, ComSonics