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Mountainland Supply Company & Contractors Heating & Cooling Supply formed an Employee Stock Ownership Plan (ESOP). This transaction strengthened Mountainland Supply and Contractors Supply position in the marketplace to support the growing demand of their intermountain customer base. The transaction includes a fully funded ESOP program for over 400 employees that currently occupy 20 locations throughout Utah and now Wyoming.
Research has proven over and over that employee ownership builds successful, competitive companies, and creates equitable wealth for employees by offering better wages, benefits, and often twice the retirement income for employees than non-ESOP companies.
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