Bergen – Liberty Pumps, a leading manufacturer of sump, sewage and effluent pumps and engineered pump systems, is pleased to announce it has implemented an Employee Stock Ownership Plan (ESOP). Liberty Pumps has been a family owned company for the past 50 years. The ESOP continues Liberty Pumps’ commitment to local ownership.
“The ESOP will not change company operations,” says President/CEO Charlie Cook, “our current Leadership Team is just outstanding and will remain in place. The ESOP will enhance an already-positive culture where our Members (employees) feel empowered, appreciated and respected. We believe the ESOP will take this to the next level. When a customer calls in, they will now be speaking to an owner.” Employees are very excited about the plan and now have even more incentive to provide the high level of quality and customer attentiveness that Liberty Pumps has become known for.
Employee involvement has already contributed greatly to the company’s success. As a result of this success Liberty Pumps is in the process of expanding its current facility by an additional 123,000 sq ft. Going forward employees will now receive direct benefit from the continued growth of Liberty Pumps.