Pittsburg Tank and Tower Group is now 100% employee-owned
Pittsburg Tank & Tower Group President Ben Johnson was so excited to personally announce to employees in October 2021 that the company was 100% employee-owned that he cut his vacation short to make the statement. The Employee Stock Ownership Plan was created in late December 2019 by splitting 30% of the shares from the formerly family-owned company, and grew 15% in the first year alone. Employees at Pittsburg are thrilled with the change. [https://www.pttg.com/in-the-news/]
Labor|ESG|StructuralIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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