Insight on Business

December 2015

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42 | I NSIGH T • D e c e m b e r 2 0 15 w w w . i n s i g h t o n b u s i n e s s . c o m turning 70 percent of its ownership to employees (see page 40), other Northeast Wisconsin construction- related companies with employee ownership plans include Keller Inc., Bayland Buildings, Portside Builders and Somerville, Inc. Consolidated Construction Co., Inc. is also among those that have turned ownership over to a group of key employees. Kaukauna-based Keller Planners, Architects and Builders has been 100 percent employee-owned since the early 2000s. When founder Walter Keller began transitioning the company to an ESOP in 1986, the concept was fairly WINNEBAGO COUNT Y SOLID WASTE 920.232.1850 / 920.727. 2896 Outside the Fox Valley 866.424.1850 105 W. County Road Y • Oshkosh www.WinnebagoCountySolidWaste.com AVAILABLE SIZES: 2, 4, 6, 8, 20 & 30 cubic yard containers Trash and Recycling Containers for Rent or Lease • Commercial or Residential Lease and Rental Options • Combine all of your recyclables in one container with our Single Stream Recycling Service • Flexible delivery and pickup schedule • Competitive Pricing • Prime Highway 41/441 corridor with commercial and industrial sites available • Many commercial and industrial sites are located in Tax Increment Districts • Favorable tax and utility rates with fully serviced sites available • Quality schools, great Village park system and excellent municipal services available Contact James Fenlon, Village Administrator, at 920-423-3850 or visit www.littlechutewi.org. Empowering employees to drive success ESOP plans appealing for some construction companies B y M a r g a r e t L e B r u n CONSTRUC TION E mployee ownership is not unusual among construction companies, and it's a succession planning option that appeals to leaders who place a high value on maintaining the company culture they've built. ey can also be good for the bottom line: Companies with an employee stock ownership plan grow 2.3 percent to 2.4 percent faster aer setting up their ESOP than would have been expected without it, according to a 2000 Rutgers study. In addition to e Boldt Company, which recently announced it is C O U R T E S Y K E L L E R P L A N N E R S , A R C H I T E C T S A N D B U I L D E R S Keller, Inc. President Wayne Stellmacher credits his company's ESOP as part of its success.

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