NDUSTRY THROUGH EMPLOYEE OWNERSHIP Y LEADERSHIP E EMPOWERMENT Locke Supply Co. has been a powerhouse in the supply distribution industry since 1955. The company exemplifies unparalleled operational effectiveness and a unique pathway to profitability with its employee-ownership model. Locke’s ESOP (Employee Stock Option Plan) structure fundamentally aligns the focus of every action within the operation towards long-term growth and gratification of its share value. In this dynamic, any one individual’s growth contributes to the collective benefit of everyone in the company. It is a slow and steady approach that demonstrably increases the payout at the end of the day for all employee-owners. 2 BUSINESS VIEW MAGAZINE VOLUME 12, ISSUE 07
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