Updated List of Largest EO Companies Released
We've just released this year's EO 100, our annual list of the largest 100 companies that are owned by an employee stock ownership plan (ESOP) or similar plan or, less commonly, where a majority of the employees directly own a majority of the shares. The largest company on the list is Publix Super Markets with 207,000 employees; the smallest companies on the list have 1,300 employees. The list shows that employee ownership is not a fringe economic phenomenon but rather an important part of the US economy.
America’s largest majority employee-owned companies employ collectively over 630,000 workers at some of America’s leading companies. These include two of the 20 largest supermarket chains (Publix, 4; Winco, 16), eight of the 25 largest engineering and design firms (HDR, 6; Burns & McDonell, 9; Parsons, 10; Black and & Veatch, 11; Gensler, 15; HNTB, 19; and CDM Smith, 23; and Terracon, 24), the third largest lawn and landscape company (Davey Tree), two of the 15 largest construction companies (PCL, 8; Hensel-Phelps, 12), two of the largest electrical distributors (Graybar, 3; Border States, 10), the largest decorative plywood and veneer manufacturer (Columbia Forest Products), the 20th largest wealth management company (Baird), and the three largest US AID contractors (Chemonics, DAI, and Abt Associates).