Press release for immediate release
McDaniel Fire Systems Named Silver ESOP Award Winner
McDaniel Fire Systems has been named a Silver ESOP Award winner by The ESOP Association. The Silver ESOP Awards recognize companies for their work in sustaining their ESOP for 25 years or more. The ESOP ASsociation is the national trade association for companies with employee stock ownership plans (ESOP) and the leading voice in America for employee ownership.
Based in Porter, IN, McDaniel is an employee owned company specializing in fire protection and life safety solutions. Started more than 70 years ago, McDaniel has grown to six locations across the Midwest with more than 400 employee-owners.
"We are proud to have been named a Silver ESOP Award Winner. We believe strongly in the power of employee ownership and are pleased to have not only our company but our employees recognized for their efforts," commented Richard D. Bledsoe, President and Chief Executive Officer, McDaniel Fire Systems.
"I consider it an honor, and a statement of significance, to recognize McDaniel Fire Systems as a Silver ESOP Company," said J. Michael Keeling, President of The ESOP Association. "McDaniel evidences that with proper management and planning, a company can remain employee owned, benefiting all employees for years to come."
As a Silver Award Winner, McDaniel Fire Systems will be recognized at the ESOP Association's Annual Conference and Awards Banquet on May 12, 2008.
The core cause of The ESOP Association is the belief that employee ownership will improve American competitiveness, increase productivity through greater employee participation, and strengthen our free enterprise economy.
