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Employee Ownership Blog
Timothy Garbinsky


Timothy Garbinsky

Giving Thanks in 2020

This Thursday I'll be presenting to our friends in the Netherlands about how American ESOP and other employee-owned companies have fared during this pandemic. And though I usually wouldn't be fully awake until the second football game of the day, I'm actually excited at the prospect of waking up at 6:30 am on a holiday.


Timothy Garbinsky

ESOP-Owned Black & Veatch Focuses on Sustainable Energy

Employee ownership provides a lot of benefits to employees, communities, and companies, but one of the less discussed but most important features of employee ownership is that it allows companies to focus on long-term goals and values, not the short-term goals of public company shareholders or private equity firm buyers. Black & Veatch is the 10th-largest majority ESOP-owned company and the 12th-largest engineering company (in fact, 7 of the top 20 are employee-owned, and 6 are NCEO members). Recently, it made a major decision to focus on sustainable energy products and move away from any coal-related projects.







Timothy Garbinsky

Employee-Owned CA Bus Company Goes Electric

Vallejo, California-based Michael's Transportation Service, Inc., which has been employee-owned since 2009, announced that it will be adding all-electric Blue Bird school buses to its fleet, making it the first in the state to do so. Though the emissions-free buses won't hit the streets just yet due to the COVID-19 restrictions, the fact that Michael's has already received the delivery suggests that they are well ahead of the curve when it comes to environment-friendly transportation.