Employee stock ownership plan - Sletten Construction Companies

Sletten Construction Company
Employee stock ownership plan
JANUARY 2012
VOLUME 1 ISSUE 6
CELEBRATING ESOP AWARENESS MONTH!
Each location celebrated in their own way. In Great
Falls Judy and Michelle organized “Everyone’s Slice
of the Pie” day with 6 other local ESOP companies.
There was a pie baking contest with 20 entries (top 3
winners were from Sletten), ESOP games, food bank
drive and special guest speaker Ron Hayes president
of the NW Region of the ESOP Association . This was
a great success with local media attending and highlighting the event in the local news. Next year the
event will be hosted by T D & H at their new building we are constructing just down the road from the
main office.
Phoenix planned a lunch and learn for employees and distributed ESOP apparel to participants.
In Cody participants were given ESOP apparel along
with facts about ESOPs.
Las Vegas hosted a lunch and learn for participants. Participants received ESOP handouts and a computer sleeve
as a gift. There were drawings for gift cards as well.
The Idaho participants will receive apparel and informational packets about ESOPs.
Would you like to get more involved in ESOPs? Now is the time to contact
your local chapter. Each chapter publishes a newsletter, provides chapter
meetings and is a great resource to network with local ESOP companies. To
learn more about your chapter visit
http://www.esopassociation.org/chapters/index.asp .
Did you know the following businesses are ESOP?
O’Neil Printing, Inc.
Trendwood, Inc.
SWCA, Inc.
Construction 70, Inc.
Express Messenger System, Inc.
Marco Crane & Rigging Co.
J.D. Steel Co., Inc.
Health Services Advisory Group
Quest Ventures SW, Inc.
Idaho Pacific Lumber Co.
Banik Communications
D.A. Davidson
Pacific Steel & Recycling
Thomas, Dean & Hoskins, Inc.
Lumber Yard Supply Co.
Caltrol, Inc.
Trax International Corp.
College Loan Corp.
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Boise
Great Falls
Great Falls
Great Falls
Great Falls
Great Falls
Las Vegas
Las Vegas
Las Vegas
Who knew Mitt Romney was CEO of an ESOP Company?
The establishment was Bain & Company. Initially Romney left Bain in 1984 prior
to the conception of the ESOP. Romney returned in 1990 as CEO and was intimately involved in the development of the ESOP and restructuring company’s
ownership. This information provided by NCEO, to view more visit
http://www.nceo.org/main/column.php/id/422 .
Congratulations to Judy Lippel for receiving an invitation to join the
NW Chapter as a representative for Sletten Construction. She is now the
Vice President for Montana.
Tell us your ideas for the ESOP
newsletter!
Send us your own article
mcohens@sletteninc.com 406-454-6418
jlippel@sletteninc.com 406-454-6423