Automation supplier wins ESOP Company of the Year award
A maker of automated machinery in the region is the top company in the state with an employee stock ownership plan.
Holland-based Koops was named the 2016 ESOP Company of the Year by The ESOP Association's Michigan chapter.
Koops, founded in 1989, also operates a location in Greenville, South Carolina.
"Teamwork is the foundation for our success as a company," said Paul Brinks, CEO, Koops. "The values of The ESOP Association are at the heart of our company culture, and we take great pride in the talent and contributions of our employees."
Winners of the ESOP Company of the Year award are chosen based on their commitment to encouraging employee ownership, demonstrating strong communication with employees and valuing employee participation and individual dignity.
They must also be financially solvent and have a record of more than two years of sponsorship in The ESOP Association.
As a state winner, Koops will be included as a candidate for one of The ESOP Association's national awards, which will be announced May 18.
Koops will also receive free registration to The ESOP Association's 39th annual ESOP Conference.