ESOP | SG&F Law
News & Events

U.S. Congressman David N. Cicilline (D-RI) Visits Gripnail

Author: SG&F Law

As part of its committment to promoting employee ownership to members of Congress, Gripnail Corporation invited U.S. Congressman David N. Cicilline (D-R.I., Dist. 1) to tour the facility and meet with employee-owners in East Providence on August 7.

Gripnail Corporation specializes in fastening to the surface of metal. In 2004 Gripnail became a 100 percent employee owned company. As an ESOP, everyone who works for Gripnail or Gripnail’s Amtak marketing division has a vested interest in making certain that customers needs and corporate goals are met or exceeded.

Congressman Cicilline said, “This is exactly the kind of company that we want to grow in Rhode Island. And what we have to continue to do is fight for polices in Washington that will help companies like Gripnail grow and add to the number of employees.”