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Company Adopts Employee Stock Ownership Plan

ATI Industrial Automation has established an Employee Stock Ownership Plan (ESOP).

Article From: 10/25/2012 Production Machining

ATI Industrial Automation has established an Employee Stock Ownership Plan (ESOP). An ESOP is a federally qualified employee benefit plan that makes employees owners of the company.

Robert Little, COO, says, “Our employees have been acting as owners by demonstrating exceptional dedication, detail and diligence in performing the day-to-day responsibilities of their jobs. Now they are owners.” Their engineers continue to provide cost effective solutions, which will increase robot productivity while surpassing their customers’ automation needs, the company says.  

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ATI Industrial Automation