Haviland credits employee-owned business model for success

Haviland credits employee-owned business model for success

ByPoolPro

Grand Rapids, Michigan-based water treatment product manufacturer Haviland Enterprises Inc., is attributing its recent record-breaking success to being an employee-owned company. As of Nov. 30, it will have been 10 years since Haviland switched to a 100% Employee Stock Ownership Plan [ESOP] for the company. Haviland Enterprises manufactures water treatment products for the swimming pool…

Haviland’s ESOP at 20 Years

ByPoolPro

In 1997 Haviland Enterprises began its employee stock ownership program. “Our company is one of the best examples of an ESOP (employee stock ownership plan) business,” says Terry Schoen, chief financial officer. “We have strong evidence that points to the fact that because of our ESOP participation, our employee morale and productivity has improved and…