Glasfloss Industries Forms New “Esop” 100% Employee-Owned Company
Scott Lange, President, today announced on June 26, 2023, the restructuring of Glasfloss Industries into an Employee Stock Ownership Plan or “ESOP”.
“Our new corporate structure reduces uncertainty about the future by strengthening our workforce and our commitment to the air filtration industry. Our current Management Staff will remain in place and continue to operate the company and our new ESOP platform will provide our employees with a greater role in the growth and success for the future,” said Scott Lange, President.
Established in 1936, Glasfloss Industries is the oldest privately held and operated manufacturer of HVAC air filtration products in the United States. The company has been continuously owned and operated by the same family for 87 years and serves all major commercial, industrial and residential HVAC filtration markets.
For more information on Glasfloss and its products, please visit: www.glasfloss.com