October 2020

Fireclay Tile ESOP Menke
Fireclay Tile Becomes the Bay Area’s Next Employee-Owned Ceramics Company

San Francisco’s Fireclay Tile has followed its peer, Menke client Heath Ceramics, into employee ownership. Fireclay had previously given its employees a 14% stake in the company in 2013, and has now expanded the employee’s ownership stake by an additional 23%, meaning the workers own more than a third of the business. Home to 150…

Davey Tree ESOP Menke Group
Davey Tree Shows Strength of ESOPs for the Landscaping Industry

The Davey Tree Expert Company, headquartered in Kent, OH, was recently named the 9th largest ESOP company in America according to a report by the National Center for Employee Ownership (NCEO). With approximately 10,500 employee-owners, Davey Tree is among the largest landscaping companies in the US, regardless of ownership structure, and is a good  example…