Paper Machinery Corporation Celebrates ESOP Month, Showcasing the Power of Employee Ownership
FOR IMMEDIATE RELEASE In honor of October being National ESOP (Employee Stock Ownership Plan) Month, Paper Machinery Corporation (PMC) is proud to highlight the remarkable journey of transitioning to an employee-owned company. This transformation, initiated in 2016, has brought forth a myriad of benefits for both the company and its dedicated employees. An ESOP is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock. At PMC, the transition to an ESOP was a pivotal moment in the company's history. It demonstrated PMC's...
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