Lee Industrial Contracting Becomes 100 Percent Employee Owned (ESOP)
Lee Industrial Contracting Inc., a premier company in "Providing Turn-Key Solutions for Plant Projects," is proud to announce they are now a 100% employee-owned company. The big announcement came on December 11, 2015 at a special meeting held at the company's headquarters in Pontiac, Michigan.
PONTIAC, Mich., Jan. 26, 2016 /PRNewswire/ -- Lee Industrial Contracting, Inc., a premier company in "Providing Turn-Key Solutions for Plant Projects," is proud to announce that it has implemented an Employee Stock Ownership Plan (ESOP). Lee Industrial Contracting has been a privately held company for over 20 years. The ESOP continues Lee Industrial Contracting's commitment to local ownership and will help strengthen team environments internally.
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This transition will put employees on a path to control their destiny into the foreseeable future. "How do we best create value for our shareholders? Invest in the success of others and value the contributions of every employee-owner in the organization. Our company's single greatest asset is its employees," says Business Operations, Chris Temple.
"I have been at Lee Industrial Contracting for 11 years and watched the company over triple in size and it always amazes me that we can keep growing with such talent. I know that this has a lot to do with the training and teamwork and I just wanted to say that it is nice to be a part of the growth of this company for many years to come. I really don't think that there is another company out there like ours," says Account Manager, Mike Hahn.
Lee Industrial Contracting's transition to employee ownership is the latest chapter in the remarkable story that began in 1989. It has since grown into a successful company of over 300 employees, "Providing Turn-Key Solutions for Plant Projects." "We've got the finest people and equipment in the industry," says Founder and President Ed Lee. "We will continue to provide outstanding customer service the community has come to know and expect."
The announcement of the ESOP was made to Lee Industrial Contracting, Inc. employees at a special meeting on December 11, 2015, where there was overwhelming excitement and enthusiasm.
About Lee Industrial Contracting
Founded in 1989 and headquartered in Pontiac Michigan, Lee Industrial Contracting is a leader in industrial contracting services and offers a wide array of project types including rigging and transportation, foundations, electrical, pipefitting, fabrication, machine repair, controls/robotics and more. Lee Industrial Contracting doesn't specialize in one specific trade, but rather Turn-Key solutions that are the logical choice for industrial projects. Having entirely in-house staff and crew creates an efficient work model, minimizing downtime and miscommunication during projects. For more information visit www.leecontracting.com
Contact: Kristin Butcher
Email: [email protected]
Phone Number: 248.804.0315
SOURCE Lee Industrial Contracting
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