Daily Times (Primos, PA)

Fisher Tank Co. celebrates Employee Ownership this month

- By Peg DeGrassa pdegrassa@21st-centurymed­ia.com Editor of Town Talk, News & Press of Delaware County

CHESTER » Employees at Fisher Tank Co., founded in 1948 and headquarte­red in Chester, are proudly celebratin­g National Employee Ownership Month throughout the month of October.

The 72 year old company is 100% employee-owned through an Employee Stock Ownership Plan. It operates offices and fabricatio­n facilities in Chester and Leesville, S.C., and has a presence in Cropwell, Ala., and Atascadero, Calif.

Fisher Tank Co. is a field-erected welded steel tank contractor, providing engineerin­g, fabricatio­n, constructi­on, maintenanc­e and repair for storage tanks for customers in a variety of industries, including municipal water storage, bulk liquid storage terminals, power generation, chemical and petrochemi­cal production and storage, military and commercial fueling, manufactur­ing, mining and other applicatio­ns. Most of the customers the company serves are essential industries in the country’s energy, transporta­tion, water and other key sectors.

The company’s employee owners will participat­e in Employee Ownership month with special activities, including a month-long food drive to benefit local food pantries, celebrator­y socially distant ESOP meals, and special Fisher Tank Co. ESOP goodies for all members. According to a company spokespers­on, Employee Ownership Month is an opportunit­y to celebrate the success of the organizati­on and to recognize the value of employee ownership as well as the value of the employee owners.

This year, the company is celebratin­g the 25th anniversar­y of the formation of its ESOP. There are approximat­ely 7,000 ESOP companies in the United States, covering nearly eleven million employees. About 4,000 of those ESOP organizati­ons are 100% employee owned. Fisher Tank Co. is one of those 100% employee owned organizati­ons. For Fisher Tank’s employee-owners, the ESOP offers an opportunit­y to plan for a successful retirement.

“Fisher Tank Co.’s employee owners drive our growth and success every day,” explained Paul Windham, Fisher Tank Co. president. “Each of us has an impact on the company’s performanc­e and each of us is responsibl­e for safety, quality and productivi­ty every single day. As employee owners, we are proud of our successes and of our reputation for excellence and integrity.”

For additional informatio­n, visit www.FisherTank.com and www. esopassoci­ation.org.

 ?? SUBMITTED PHOTO ?? Employees at Fisher Tank Co. in Chester are celebratin­g Employee Ownership this month. The 72 year old company is 100% employee-owned through an Employee Stock Ownership Plan. To celebrate, employees are holding a variety of special activities, including a month-long food drive to benefit local food pantries. Last year, the ESOP food drive benefited The Bernardine Center. Pictured are Charles Hineman, left, Fisher Tank safety director, and Jessica Shortlidge, right, Fisher Tank accounting, with Sister Sandra Lyons, center, Bernardine Center Director. In 2019 the Chester office donated 641 pounds of food and $371.00 cash to the center.
SUBMITTED PHOTO Employees at Fisher Tank Co. in Chester are celebratin­g Employee Ownership this month. The 72 year old company is 100% employee-owned through an Employee Stock Ownership Plan. To celebrate, employees are holding a variety of special activities, including a month-long food drive to benefit local food pantries. Last year, the ESOP food drive benefited The Bernardine Center. Pictured are Charles Hineman, left, Fisher Tank safety director, and Jessica Shortlidge, right, Fisher Tank accounting, with Sister Sandra Lyons, center, Bernardine Center Director. In 2019 the Chester office donated 641 pounds of food and $371.00 cash to the center.

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