Tagged employee-stock-ownership-program

Press Release

62-Year-Old Company, NewAge(R) Industries, Marks 10 Years as an ESOP; Celebrates Employee Ownership

 NewAge Industries is celebrating its tenth year as an employee-owned company in 2016. Its ESOP-Employee Stock Ownership Plan-was established as a way to reward team members in retirement and as a succession plan for the corporation. The company's share price has seen a six-fold increase since the ESOP's inception in 2006. Employees view the plan as increased incentive to always keep the customer top of mind, to perform their jobs exceptionally well, and as a path to retirement. Read More
Press Release

Forty Percent Of NewAge(R) Industries Is Now Owned By Its Employees

 NewAge's CEO and majority shareholder, Ken Baker, has sold an additional ten percent of company stock to its employees through the company's Employee Stock Ownership Plan (ESOP). The plan helps employees save for retirement. Read More
Press Release

Employee-Owned (ESOP) Company NewAge(R) Industries Continues to Grow & Prosper

 Employee ownership works well for plastic tubing manufacturer NewAge Industries. The company adopted its ESOP in 2006 and has continued growing since then. NewAge currently has four employment opportunities, three of which are due to expansion. Read More