What is an ESOP (Plus, 3 Advantages of an ESOP Company)
An Employee Stock Ownership Plan (ESOP) is becoming increasingly popular as a 401(k) alternative for many organizations.
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Hydro-Chem Sales
08/28/2021
Celebrating 50 Years
Our 50th Year In Business Last week, we hosted a 50th Anniversary Celebration with employees, customers, and the West Michigan Community members in Caledonia, MI. Founded in 1971, this year marks 50 years in business for West Michigan-based Hydro-Chem Systems who specializes in fleet washing soaps and automated wash systems.
adminhcs
10/12/2020
October is ESOP Month!
It’s ESOP Month – that time of the year where #employeeowned companies like to take the opportunity to celebrate our employees and our ownership culture! An employee stock ownership plan (#ESOP) is an employee-owner program that provides a company’s workforce with an ownership interest in the company.
Hydro-Chem Sales
07/19/2019
Adopt-A-Highway Clean Up!
On one of the hottest & most humid days of the year, our dedicated crew followed through on our goal to give back and help our community. A huge thanks to them for working through the heat and cleaning up our section of highway with the Adopt-A-Highway program!
Hydro-Chem Sales
06/10/2019
Giving Back To The Community
One of our long term goals for Hydro-Chem Systems is to have a culture of giving back! Previously, we’ve done a food drive for Feeding America of West Michigan, donated clothing to Guiding Light, and collected gifts for Toys for Tots and the Salvation Army Angel Tree.
Hydro-Chem Sales
05/09/2019
2019 ESOP COMPANY OF THE YEAR!
Yesterday, The Michigan ESOP Association awarded Hydro-Chem Systems with the “2019 ESOP Company of the Year” award! Out of all ESOPs in Michigan, we were picked!
Hydro-Chem Sales
06/15/2018
Extreme Makeover: Hydro-Chem Systems
What do you do when coming off a year of 42% growth and sales approaching $10 million in North America? You move to a state-of-the-art facility over double the size of your original location! Hydro-Chem Systems is now located at 6605 Broadmoor Ave SE in Caledonia, MI 49316, only 10 minutes away from our previous building.
Hydro-Chem Sales
05/04/2018
Congratulations To Our Raffle Winners!
Congratulations to the winners of our Open House Raffle!!
Hydro-Chem Sales
03/31/2018
Anniversary Dinner!
This week HCS and our employee-owners celebrated at our anniversary dinner by recognizing our newest members being inducted into our ESOP as well as our current employees who have reached their own milestone anniversaries!
Chad Reiffer
03/15/2018
Spring Is Here! And So Are The Bugs Flying Into Your Truck!
Spring has arrived, and with it comes the annual migration of bugs and insects. As a fleet owner, this can be a frustrating time, as these critters can leave behind a mess of bug residue that can damage your vehicle's paint if left untreated.