October is Employee Ownership Month

Posted on: October 8th, 2015 by Craig Lau

Celebrating Success!

This October, Dynamic Tool & Design, along with The ESOP Association and the employee ownership community, will be celebrating Employee Ownership Month, which is a tribute to the incredible spirit of employee ownership. Dynamic Tool & Design will celebrate with employee events throughout the month including employee lunches, our second annual chili cook-off, a football contest and a pumpkin carving contest.

“Dynamic Tool & Design has been in business almost 40 years and has grown to be a leader in the plastic injection mold industry. We have been able to achieve this level of excellence because of our employees. Each employee owner contributes to our growth, and Employee Ownership Month is an opportunity to celebrate our success,” explains David Miller, President.

Employee Ownership Facts:

  • There are approximately 10,000 ESOPs in place in the U.S., covering 10 million employees.
  • Total assets owned by U.S. ESOPs are estimated to be $869 billion.
  • The Economic Performance Survey conducted by the Employee Ownership Foundation in 2014 found that:
  • 70% indicated revenue increased; 30% indicated revenue decreased • 64% indicated profitability increased; 36% indicated profitability decreased

 

For more information on ESOPs and Employee Ownership Month, please visit The ESOP Association’s website at http://www.esopassociation.org/advocate/employee-ownershipmonth.

 

 

Kicked off the month for employee owner t-shirts for all.

Kicked off the month with employee owner t-shirts for all.