Griffith Company

“We just recently completed a large project,” he said. “It’s the single largest project we’ve ever done.” It is, he said, the third phase of a fully automated container terminal. “It’s pretty cool when it comes to technology and automation,” he said. “That job ended up around $165 million dollars. That job is fully automated, except for one person that operates the crane that offloads the containers from the ships when they come into port.” Aukerman also talked about his company’s ESOP, or “employee stock ownership plan.” This is a benefit plan enabling employees to own part or all of the company for which they work. ESOP’s are most commonly used to facilitate succession planning, allowing company owners to sell their shares and transition flexibly out of the business. “There’s no better model for employees than the