ownership

Plumbing

Is an Employee Stock Ownership Plan Right for Your Plumbing Business?

Sophia Hughes2 years ago014 mins

Employee Stock Ownership Plans (ESOPs) have been in the news (and in the pages of CONTRACTOR) more frequently the past few years, and two trends seem to be driving their popularity. First, as an entire generation of plumbing and heating professionals prepares to retire an ESOP can be an important basis for a succession plan….

Flooring

Burkholder’s Flooring gets renovation, new ownership team

Sophia Hughes2 years ago05 mins

Flooring company announces new ownership, renovations Burkholder’s Flooring America is under new ownership. As of May 31, Anita Hornbaker and Dusty Stockslager are the owners of the store at 13412 Pennsylvania Ave. in Hagerstown. According to the company’s website, Stockslager became an owner in 2020 following a long-time employee’s retirement. Hornbaker, who has worked for…

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Is an Employee Stock Ownership Plan Right for Your Plumbing Business?

Burkholder’s Flooring gets renovation, new ownership team