April 3, 2019

ESOP-Owned EVAPCO Celebrates 40 Years in Business

April 2nd, 2019

EVAPCO, Inc. is an industry leading manufacturing company with global resources and solutions for worldwide heat transfer applications.

Evapco, an employee owned company (ESOP) and an international manufacturer of cooling and refrigeration products, celebrated 40 years in southwest Madera, California. Evapco Madera was the second manufacturing plant that Evapco created having being founded in Baltimore in 1976.

Read More at: http://www.maderatribune.com/single-post/2019/03/27/Evapco-West-marks-40-years-in-business

Employee Stock Ownership Plans or “ESOPs” are a viable tool for shareholders and companies to create smooth succession plans while enhancing employee productivity.

Menke & Associates, Inc. is the largest ESOP advisor in the country having created over 3,500 ESOPs in all 50 states, including Colorado, in our 45 year history.

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In 2024, many companies are looking for ways to minimize corporate taxes and maximize cash preservation, while also maintaining competitive employee benefits. Other companies are looking for ways to create liquidity for shareholders who wish to retire or reduce their ownership stake.

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Among the topics that will be covered are the following:

    • What is an ESOP and what benefits can an ESOP provide to companies and their owners?
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    • What benefits can ESOPs provide for shareholders of S corporations?
    • How are ESOPs typically structured to accomplish any one or more of seven different shareholder/company objectives?
    • How are companies valued for ESOP purposes?
    • How is ESOP financing structured?
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October 23, 2024
Join us for a free, 90-minute web seminar on Wednesday, November 20th, 2024, where industry experts will guide you through the essential benefits of ESOPs. You’ll learn how ESOPs can be structured to meet your specific business needs, ensuring the sustainability and success of your company in 2024 and beyond.