ELA Group, Inc., (ELA) is pleased to announce it has completed the transaction to become 100% employee-owned through its newly formed Employee Stock Ownership Plan (ESOP).
The firm, founded in Lititz in 1996 with offices in State College and Butler, PA, provides a wide range of Engineering and Landscape Architecture solutions to both the public and private sectors.
With this transition, ELA has joined the growing list of companies whose employees are stakeholders in the success of the business.
According to the National Center for Employee Ownership, as of 2022 there are roughly 6,500 employee stock ownership plans (ESOPs) covering almost 14 million participants. ESOPs motivate employees, increase productivity,
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