SJE-Rhombus Named 2017 ESOP Company of The Year
SJE-Rhombus, a manufacturer of pump control solutions for the water and wastewater industry, has been named the 2017 ESOP Company of the Year. The award was presented by the Employee Stock Ownership Plan Association (ESOP) to SJE-Rhombus employee owners at the annual ESOP Association Conference in Washington, D.C.
“Receiving recognition as the national employee-owned company of the year is an honor,” said Dave Thomas, CEO and president of SJE-Rhombus. “This award showcases our workforce’s commitment and dedication to supporting the growth and success of SJE-Rhombus.”
SJE-Rhombus was one of 18 finalists being considered for the award.
Founded in 1975, SJE-Rhombus has expanded to $90 million in sales, with a total of nearly 500 employees and eight locations globally, seven U.S. locations participate in the ESOP program.
As an ESOP, SJE-Rhombus employees have a vested interest in the success of the company. SJE-Rhombus employee-owner are working partners – motivated to be actively involved in the day-to-day operations of the business. The company operates an Employee Ownership Activity Committee that is tasked with sharing the employee-ownership message. Today, employee owners from all seven of the company's U.S. locations participate in the committee.