NCC Automated Systems Partners With SES Advisors To Complete Employee Stock Ownership Plan (ESOP) | SG&F Law
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NCC Automated Systems Partners With SES Advisors To Complete Employee Stock Ownership Plan (ESOP)

Author: Robert Louden

NCC Automated Systems, an integrator and manufacturer in the food packaging, and ophthalmic automation industries, announced today that the company has formed an ESOP (Employee Stock Ownership Plan). In the transaction, ownership sold a significant interest to a newly created Employee Stock Ownership Trust, allowing current and future employees to gain a beneficial ownership interest in the Company without any personal cash investment.

Read the full article here.