KRB Machinery has transitioned to employee ownership after years of deliberating the idea. The company moved to an Employee Stock Ownership Plan (ESOP) in January because it wanted to preserve its ...
KRB Machinery has some new owners — its employees. The York County company — a manufacturer of rebar fabrication equipment including shearlines, benders, cutters, and stirrup benders.— transitioned to ...
Nathan Kauffman, president and CEO of KRB Machinery, describes how an ESOP benefits different parts of the company. Two current employees respond.