Manhattan Mechanical Services launches ESOP; transfers 20% of company to employees
After 10 years of growth and success, Manhattan Mechanical Services announced its transition to an Employee Stock Ownership Plan (ESOP), completing its first transaction by transferring 20% of the company to its employees.
“Our team’s hard work and dedication made this transfer of ownership the obvious decision,” explains President Joe Harkness. “Our company’s success is reflected in its commitment to safety and high-quality work. Now our employees are officially owners of Manhattan Mechanical.”