Not a day goes by without a leading company in a US state being bought by its own workers, who gain not only a voice and a vote, but also control of the results and a retirement plan unaffordable by other means.
The company, founded in 1983, stated that it is now structured as an Employee Social Participation Plan (ESOP), which grants eligible team members a stake in the company in addition to existing retirement benefits. Advanced Roofing indicated that this change is designed to strengthen shared responsibility across the organization, from field teams to project managers and support staff, while maintaining leadership and daily operations.
“This milestone seeks to secure the future of the company and honor those who built it,” said Rob Kornahrens, founder and CEO of the Advanced family of companies. “Employee ownership allows us to stay true to our identity: independent, customer-centric, and committed to long-term relationships.”