On June 26^th, Thielsch Engineering, Inc. (TEI) gathered nearly 500 of their employees for the annual ESOP (Employee Stock Ownership Program) breakfast.  TEI has been 100% employee-owned since 2008.  This ownership stake means that our employees have a vested financial interest in the company’s success, which fosters a sense of teamwork, respect and appreciation for each other and our shared goals.

The annual event is a wonderful opportunity for members of various divisions to interact with each other and learn about the exciting opportunities they are involved in.  The formal presentation contained messages from the Director of Human Resources about the continued growth of Thielsch’s employees and the diversity of their skills.  The Safety Manager highlighted that for the 3^rd year in a row, TEI earned an Experience Modification Ratio (EMR) of under 1.0.  The Vice President of Finance outlined the significant investments the company made during the previous year in education, training, capital equipment and new locations.  The President outlined the changing markets in TEI’s primary industries and the broad opportunities available to our businesses.  And lastly, a member of our Board of Directors spoke about the uniqueness of Thielsch’s 100% ESOP status and the long term benefits each employee would derive from their tenure at the company.