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    October 12, 2024
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Who is Engineered Seal Products? ESP (www.espint.com) is proud to be a 100% employee-owned company. Headquartered in Cedar Rapids, Iowa, we are a global company with loca- tions in lowa, Texas, Kansas, North Carolina, China and India. We spe- cialize in the design and supply base development for seals used within a wide variety of applications. Why Employee-Ownership? Our ESOP was first formed in 1999 and finished the purchase of all company stock in 2012. The sell- ing shareholder, Jeff Hamilton, felt strongly about the power of ownership and selling to the ESOP was aligned with his personal values of showing gratitude and providing opportunity for others to change their lives through meaningful work. "With ownership comes the challenge to each employee to get engaged in what they do at a high level. I want people to take responsibility for the company, since they own a piece of it and benefit from the success they helped create."-Jeff Hamilton, CEO How Does Employee-Ownership Change Lives? Because the employees are the shareholders of the Company, every dollar spent or earned impacts employees. This opens the door for very candid dialogue about the decisions that a Company has to make and how those decisions impact the bottom line. This includes a greater awareness of the impact of each and every individual. The financial rewards of employeeowner- ship can be tremendous. Time. and again, we hear comments about how the ESOP has allowed employees the opportunity to retire earlier than planned, or to use their current cashflow to pay down debt or help save for their children's educations. But even more exciting than the financial rewards, are the comments we get from employees about how being an employee-owner changes how they feel about their co-workers and their jobs. It instills a sense of pride, empowerment, and meaning that is truly awesome. Find out how we THRIVE at www.espint.com "It means I am in control of our company's success today and better preparing for my future and retirement." DJ Rodman, VP, Global Customer Excellence "Feeling like I play a huge role in something way bigger than myself." TJ Peel, Project Manager "Taking ownership of the job I do every day, the decisions I make, the pride I have not only affects me but affects everyone in the company." Deneen Weaver, Customer Relations Manager ESP ENGINEERED SEAL PRODUCTS 100% Employee-Owned PROUD EMPLOYEE-OWNER Who is Engineered Seal Products ? ESP ( www.espint.com ) is proud to be a 100 % employee - owned company . Headquartered in Cedar Rapids , Iowa , we are a global company with loca- tions in lowa , Texas , Kansas , North Carolina , China and India . We spe- cialize in the design and supply base development for seals used within a wide variety of applications . Why Employee - Ownership ? Our ESOP was first formed in 1999 and finished the purchase of all company stock in 2012. The sell- ing shareholder , Jeff Hamilton , felt strongly about the power of ownership and selling to the ESOP was aligned with his personal values of showing gratitude and providing opportunity for others to change their lives through meaningful work . " With ownership comes the challenge to each employee to get engaged in what they do at a high level . I want people to take responsibility for the company , since they own a piece of it and benefit from the success they helped create . " - Jeff Hamilton , CEO How Does Employee - Ownership Change Lives ? Because the employees are the shareholders of the Company , every dollar spent or earned impacts employees . This opens the door for very candid dialogue about the decisions that a Company has to make and how those decisions impact the bottom line . This includes a greater awareness of the impact of each and every individual . The financial rewards of employeeowner- ship can be tremendous . Time . and again , we hear comments about how the ESOP has allowed employees the opportunity to retire earlier than planned , or to use their current cashflow to pay down debt or help save for their children's educations . But even more exciting than the financial rewards , are the comments we get from employees about how being an employee - owner changes how they feel about their co - workers and their jobs . It instills a sense of pride , empowerment , and meaning that is truly awesome . Find out how we THRIVE at www.espint.com " It means I am in control of our company's success today and better preparing for my future and retirement . " DJ Rodman , VP , Global Customer Excellence " Feeling like I play a huge role in something way bigger than myself . " TJ Peel , Project Manager " Taking ownership of the job I do every day , the decisions I make , the pride I have not only affects me but affects everyone in the company . " Deneen Weaver , Customer Relations Manager ESP ENGINEERED SEAL PRODUCTS 100 % Employee - Owned PROUD EMPLOYEE - OWNER