Skillman Corp. transitions to 100% employee ownership
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An Indianapolis-based construction management firm with over 100 employees, announced Monday that it has transitioned to a 100% employee-owned company.
As a result of the move, The Skillman Corp. said its employees now have a share of the company’s profits, a say in operations, and the ability to help shape the company’s future.
“Today marks an important milestone for The Skillman Corporation and our employees,” President Brad Skillman said in a news release. “We believe the ESOP (Employee Stock Ownership Plan) is the best way to ensure our company’s long-term success and give our employees a sense of ownership and pride in their work.”
Established in 1972, The Skillman Corp. also has regional offices in Merrillville, Indiana, and Portage, Michigan.
As a result of the transition, the company has updated its branding with a new logo and visual identity.