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We own the company!

WE'LL BE HERE TODAY AND TOMORROW!

Click here to visit the web site of the ESOP Association.


In 1997, CMI, Inc. and its parent company, MPD, Inc. became owned by their employees.  This is commonly called an Employee Stock Ownership Plan (ESOP).

An ESOP is an employee benefit plan which makes the employees of a company owners of stock in that company.

What does being an ESOP mean for our customers?

In short, we try harder!  Since we, the employees, own the company, we essentially report to ourselves and know that meeting the customers' needs is the #1 way to meet our goals.

ESOPs also mean stability.  Employee-owned companies are known for their stewardship and take that extra step to market quality products and services at a fair price.

This means that when you order from CMI, Inc., you're purchasing the reliability of employee-owners who will be here today and tomorrow!

We're not alone!

  • In 1974, there were about 200 ESOPs in the U.S.  Today, there are approximately 10,000 ESOPs in the United States with 10 million employee-owners.  This is 10% of the American workforce.
  • About 1,000 ESOPs, or 10%, are in publicly-traded companies.  These companies employ more than 50% of the nation's employee-owners.
  • Approximately 1,500 ESOP companies are majority-owned by the employees.
  • Approximately 500 ESOP companies are 100% owned by the employees.
  • In 1992, U.S. ESOPs owned $150 billion in corporate assets.

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