The National Center for Employee Ownership reports there are more than 2,420 privately held companies with large (100+ participants) employee stock ownership plans (ESOP), with more than 1.3 million active participants. Twelve percent of those companies are construction firms, according to NCEO.
There are 98 ESOPs in Kansas, including McCownGordon Construction. The founders, Pat McCown and Brett Gordon, converted the company to an ESOP in 2015. There were obvious perks for associates, including…
