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Gear Motions Blog

Employee Stock Ownership Plan (ESOP) Retreat

Posted on: 02/26/2006

The Employee Stock Ownership Plan (ESOP) Retreat was held February 8-10, 2006 and was attended by Gear Motions' Employee ESOP Committee. The team was up early to make 6 a.m. flights to Orlando, in order… Read the Full Article »

Gear Motions Becomes an Employee-Owned Company

Posted on: 02/17/2006

On November 17, 2005 the Gear Motions Companies took the first step in becoming a 100% Employee-Owned Company by creating an Employee Stock Ownership Plan (ESOP). An ESOP is a qualified defined contribution employee benefit… Read the Full Article »