TMCnet News
Avion Solutions Announces Transition to 100% ESOPHUNTSVILLE, Ala., Aug. 4, 2020 /PRNewswire/ -- Avion Solutions, Inc. is proud to announce it is now a 100% employee-owned company. This announcement of the sale to the Employee Stock Ownership Plan (ESOP) was made on July 31, 2020 to employee owners. "Since we became an ESOP company in 2007 our goal has always been to be a 100% employee-owned SOP," said Chad Donald, President of Avion Solutions. "I'm proud of our employee owners who invest themselves in the success of our company by consistently providing extraordinary service in the communities we serve. This is an historic step for Avion Solutions, and I'm excited to see what the future brings." As of 2020, the National Center for Employee Ownership (NCEO) estimates there are approximately 6,600 ESOPs in the United States covering over 14 million participants. About Avion Solutions If you would like more information about this release, please contact Michael Jones at 256-327-7155 or email [email protected]. Contact: Michael Jones, Communications Manager
View original content to download multimedia:http://www.prnewswire.com/news-releases/avion-solutions-announces-transition-to-100-esop-301105783.html SOURCE Avion Solutions Inc. |