VOLLERS Takes a Bold Step: Transition to Employee Ownership Marks New Era of Commitment

VOLLERS Transitions to 100% Employee Ownership



In an exciting development for both its employees and the construction industry, VOLLERS, a family of integrated construction service companies, has announced its transition to a completely employee-owned structure. This significant decision, which was made public on January 13, 2025, comes in the wake of the company's recent milestone—celebrating 75 years of excellence in the construction sector.

Based in North Branch, New Jersey, VOLLERS comprises several subsidiaries including Vollers Excavating & Construction, Inc., HVI Services, LLC, and Layout Inc. The transition to an Employee Stock Ownership Plan (ESOP) will enable workers to have a stake in the company, directly benefiting from the success that they help create.

Brendan Murray, the CEO of VOLLERS, emphasized that this announcement couldn't have come at a more appropriate time. He stated, "We have just celebrated 75 years in business, and the opportunity to recognize our employees through this transition is the greatest way to celebrate." This response highlights the focus on employee recognition during this period of change, showcasing their strategic importance in the company’s future.

Chris Vollers, the President of VOLLERS, reflected on the honoring of his grandparents' legacy—Herb and Nancy Vollers, who established the company grounded in family values and hard work. "We are excited to empower our employees as stewards of the company's future, ensuring that their hard work directly contributes to their financial and professional growth," he remarked. This empowerment reflects the company's long-standing commitment to its workforce, recognizing that the employees are the backbone of its operational success.

Tom Vollers, Chairman of the Board, echoed this sentiment, asserting, "We have always said that our employees are our biggest priority. Our team is where the production happens, where customers are served, and understanding the community's needs interactively takes place. There was no other option than enabling the employees to own and operate the company in the future."

The cultural shift towards employee ownership seems to be a natural evolution for VOLLERS, according to Carol Weisneck, the Director of Human Resources. She stated, "VOLLERS has cultivated a culture defined by commitment, dependability, and an unwavering sense of pride in our work, making the transition to an ESOP a natural evolution of who we are." This cultural foundation is key to ensuring that the new ownership structure remains aligned with the company's values and objectives.

The company has built its reputation over 75 years by providing unparalleled experience across a broad range of services including site preparation, utilities, and infrastructure enhancements on both private and public projects. With a strong focus on innovation and client satisfaction, VOLLERS stands poised to leverage this transition into further success.

The leadership team will maintain its current structure, continuing under the guidance of its executives and Board of Directors. This consistency is critical, as it assures employees and clients alike that VOLLERS will uphold its commitment to quality service and job site safety while navigating this transformative phase.

In conclusion, VOLLERS' transformation into an employee-owned company not only marks a pivotal moment in its operational journey but also reinforces its dedication to its employees and the broader community. The future of VOLLERS is in the hands of those who matter most—its employees—making this a truly groundbreaking transition which aligns with the company’s foundational beliefs. To stay informed about the company's growth and upcoming projects, follow VOLLERS on Instagram and LinkedIn, or visit their career page for opportunities to join a pioneering workforce.

For more information on VOLLERS and their commitment to a successful future for both their employees and clients, please visit Vollers Career Page.

Topics General Business)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.