Iowa company recognized for employee ownership
Cedar Rapids-based Van Meter Industrial Inc. has been named by the ESOP Association, the national trade organization for companies with employee stock ownership plans (ESOPs), as the 2011 ESOP company of the year. Founded in 1928 by R.L. Van Meter and R.W. Lemley, Van Meter Industrial has 350 employee owners and works closely with the association’s Iowa/Nebraska chapter to support employee-owned businesses.
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