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Haldeman-Homme, Inc. Named Silver ESOP Award Winner

Haldeman-Homme, Inc. - Minneapolis, with offices in Chicago and Des Moines, has been named a Silver ESOP Award winner by the ESOP Association. The Silver ESOP Awards recognize companies for their work in sustaining their ESOP for 25 years or more. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOP) and the leading voice in America for employee ownership.

Based in Minneapolis, Haldeman-Homme, Inc. is an employee owned sales company specializing in capital equipment and hardwood flooring in the educational, healthcare, commercial and residential markets. Haldeman-Homme, Inc. is 100% employee owned and annually has contributed a full 25% of base salaries to each employee account. The company remains current with it’s repurchase liability and has distributed close to $9,000,000 to its retired and departed employees in the past twelve years.

“We are proud to have been named a Silver ESOP Award winner. We believe strongly in the power of employee ownership and are pleased to have not only our company but our employees recognized for their efforts,” commented K.C. Gunther, its plan administrator.

“I consider it an honor, and a statement of significance, to recognize Haldeman-Homme, Inc. as a Silver ESOP Company,” said J. Michael Keeling, President of the ESOP Association. Haldeman-Homme, Inc. evidences that with proper management and planning, a company can remain employee owned, benefiting all employees for years to come.”

As a Silver Award winner, Haldeman-Homme, Inc. will be noted at the ESOP Association’s Annual Conference in May and highlighted at the Annual Awards Banquet held on the evening of May 12th.

To be named a winner of a Silver ESOP Award, a company must be a member of the ESOP Association.

The core cause of The ESOP Association is the belief that employee ownership will improve American competitiveness, increase productivity through greater employee participation, and strengthen our free enterprise economy.