What is ESOP?
ESOP (Employee Stock Ownership Plan) is an employee benefit plan governed and regulated by United States law. Best Controls began its journey into an ESOP company in 2008, becoming 100% employee-owned.
Employee-ownership means that everyone at Best Controls has a vested interest in the success of the company. This gives Best Controls a competitive advantage; each employee-owner is a working partner - motivated to be acutely involved in the day-to-day operation of the business. This involvement and commitment has continued to be the catalyst for our success.
There are only approximately 11,000 ESOP companies in the United States; only about 1,000 of those are owned entirely (100%) by employees. Best Controls is proud to be one of those companies!
Our employee-owners take great pride in manufacturing quality control products. Each employee is rewarded by the steady increase in the value of Best Controls stock in their retirement account.
To learn more about ESOP, please visit these web sites:
