Employee Ownership

SJE-Rhombus is 100% Employee Owned

What does ESOP mean?
Employee Stock Ownership Plan is an employee benefit plan governed and regulated by United States law. SJE-Rhombus began its journey into an ESOP company on November 1, 1987, becoming 100% employee-owned in 1998.

Employee-ownership means everyone at SJE-Rhombus has a vested interest in the success of the company. This gives SJE-Rhombus a competitive advantage; each employee-owner is working partner - motivated to be acutely involved in the day-to-day operation of the business. This involvement and commitment has continued to be the catalyst for our success.

Our talented employee-owners take great pride in manufacturing quality products and servicing our customers to support out exceptional line of control products. Each employee is rewarded by the steady increase in the value of SJE-Rhombus stock in their retirement account.

There are only approximately 11,000 ESOP companies in the United States; only about 1,000 of those are owned entirely (100%) by employees. SJE-Rhombus is proud to be one of those companies!

See what our employees are saying about employee-ownership

Learn more about ESOP by visiting these association websites: