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WASHINGTON D.C., April 28, 2009—Stylmark has been named a Silver ESOP Award winner by The ESOP Association. The Silver ESOP Awards recognize companies for their work in sustaining their ESOP for 25 years.
Based in Minneapolis, MN, Stylmark is an employee owned company specializing in aluminum, steel and lighting solutions for retail, hospitality and other commercial environments.
Ray Brink found Stylmark in 1954 and in 1976, he sold the company to his son David Brink and two partners. Stylmark’s ESOP was created in 1983 with a 5% minority interest. In 1998, David and his partners sold their shares to the ESOP program and Stylmark became a 100% employee owned.
“Stylmark is honored to be named a Silver ESOP Award Winner. We believe strongly in the power of employee ownership and are pleased to have not only our company but our employees recognized for their efforts,” said Ken Ritterspach, Stylmark President & CEO.
About The ESOP Association
The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOP) and the leading voice America for employee ownership. The core cause of The ESOP Association is the belief that employee owners will improve American competitiveness, increase productivity through greater employee participation, and strengthen our free enterprise economy.
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