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"The employee stock ownership plan preserves the company's positive culture, and assures that the company's continued success will directly benefit those doing the work."
DALLAS, TX, February 15, 2017 /24-7PressRelease/ -- Southwest Solutions Group is now 100% employee-owned through an Employee Stock Ownership Plan (ESOP).
Founded in 1969, Southwest Solutions Group is a solutions-oriented company that provides unique and innovative storage and business efficiency systems across the USA.
For Southwest Solutions Group, an ESOP is the ideal succession plan for the new employee owners. Former owners Ray Streight, Randy Brant, Troy Menchhofer, Rich Riemer, and Craig Crock are pleased and excited to share the company's success with the hard-working and dedicated employees behind Southwest Solutions Group's success and prosperity. The former owners are not going anywhere anytime soon, but wanted to plan for the future and put their arms around every employee to move forward together and continue to reach new heights.
"The strength of Southwest Solutions Group is its people. The employee stock ownership plan preserves the company's positive culture, and assures that the company's continued success will directly benefit those doing the work. The ESOP allows us to prove to all who come behind us that we are faithful to our SSG legacy," comments Streight.
The ESOP creates broad-based ownership among all employees, fostering a collaborative environment in which everyone understands his or her role in achieving Southwest Solutions Group's bottom line. Research has proven that employee ownership motivates employees to build successful and competitive companies with equitable wealth. Employee-owned companies have also been shown to offer better benefits, have twice the retirement income for employees, and pay higher wages than non-ESOP companies. In fact, 84% of ESOP companies agree that employee ownership improves motivation and productivity towards success.
About Southwest Solutions Group
Southwest Solutions Group specializes in business efficiency systems to meet the specific storage space, informational, and productivity needs of all types of markets across the USA. Southwest Solutions Group is a full-service company that provides the best-in-class equipment, professional design, certified installation, and information management services. From helping you reduce your storage footprint to providing CJIS and HIPAA compliant document scanning services, we have a solution to help your business's efficiency. For additional information, visit www.southwestsolutions.com.
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