Two Midlo homebuilders convert to employee-stock ownership - Richmond BizSense
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1 Articles
Two Midlo homebuilders convert to employee-stock ownership - Richmond BizSense
The team at LifeStyle Home Builders, which recently switched to an employee ownership stock plan. (Photo courtesy LifeStyle) Employees of two longtime area homebuilders are getting to own a stake in their respective companies. LifeStyle Home Builders and Main Street Homes each announced this month they have transitioned to employee stock ownership plans, or ESOPs, in which employees share ownership interest in the company through shares of stock…
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