Hammers Construction, Inc. Launches ESOP
PERHAM, MN - Hammers Construction, Inc. (HCI) is pleased to announce the launch of its Employee Stock Ownership Plan (ESOP), making the company employee-owned.
“We are thrilled to take this important step which demonstrates our commitment to our employees and creates a sustainable future for our company,” said Joe Hammers, CEO of Hammers Construction, Inc.. “We believe that aligning the interests of our employees with those of the company, we can deliver greater teamwork, innovation, and success.”
ESOPs are a type of employee benefit plan that allow employees to acquire ownership interest in the company. HCI’s ESOP will give employees the opportunity to become shareholders in the company and participate in its success.
“We are proud to be able to offer this valuable benefit to our employees,” said John Carlson, President of Hammers Construction, Inc.. “We believe that this will not only benefit our employees, but also our customers, suppliers, and the communities in which we operate. If you love construction and want to enjoy the benefits of stock ownership, our company has a lot to offer.”
HCI is headquartered in Perham, MN and has been providing construction services to the region since 1956. The company specializes in design and construction of commercial, industrial and agricultural projects. For more information about Hammers Construction, Inc., please visit www.hci-mn.com.