I
am pleased to announce that the employees of Bison Engineering,
Inc. recently bought the company from Mike Roach through an employee
stock ownership plan (ESOP). Under the plan, 100% of the Bison stock
is owned by employees active in the day-to-day operations of the
company. The Bison stock will be redeemable in cash by our employees
at the time of their retirement.
Our roster of employees remains the same with a few minor exceptions.
I am now the chairman of the board, as well as the president. Jeff
Chaffee remains as our vice president, and Bob Drake will continue
as our treasurer.
Every time I am with a Bison employee, I am truly impressed with
the caliber of people we have been able to recruit. Whether it is
a member of our permitting team, our source testing team, our ambient
monitoring team, or any of our other departments, every employee
is dedicated to providing first-rate customer service and superior
technical excellence. I believe our ESOP program, which provides
company ownership to all employees, will yield the highest motivated
staff in our industry.
With all the changes of recent times, it's sometimes refreshing
to have a place that provides stability, reliability and a quality
of service exceeding all others. For hundreds of our clients that
place is at Bison Engineering, Inc.
Bison continues to grow by adding new service categories, forging
new relationships with strategic partners and expanding geographically.
We have increased our market share by moving deeper into the power
generation arena and by continuing to provide exceptional products
and services to our clients in the lime, cement, oil, gas, coal,
chemical processing, and wood and paper products industries. I believe
we are in a leadership position in this region as the air quality
firm of choice.
Thanks for the opportunity to share our good news with you.