Cheers to 30 Years of Employee Ownership at Lemberg Electric

At Lemberg Electric, we are proud to celebrate 30 years of being an Employee Stock Ownership Plan (ESOP) company, a significant milestone in our 95-year history. With employee owners at the forefront, Lemberg has achieved remarkable success, becoming one of Milwaukee's largest and most trusted employee-owned organizations for quality services in electrical construction.

What Is An ESOP Company?

An ESOP, or Employee Stock Ownership Plan, is a unique business model where employees become beneficial owners of a company through the allocation of company stock, which enables vested employees to share in the rewards of the company's success.

The ESOP structure allows employees to have a stake in the organization's success, fostering a sense of shared ownership, dedication, and pride. Lemberg's ESOP owners benefit from the stock value and growth of the company, which is impacted by every decision, every project, and every relationship.

Lemberg’s Journey Into ESOP

William and Clara Lemberg founded Lemberg Electric Company, Inc. in Milwaukee in 1928. Combining a highly skilled workforce with innovative technology, the company saw steady and stable growth from a small, local electrical contractor to a major contender in the southeastern Wisconsin market.

In 1992, Lemberg was reborn under an Employee Stock Ownership Plan (ESOP) structure, redefining what it means to be a Lemberg owner. For three decades, Lemberg Electric has embraced the principles of employee ownership, recognizing that its employees are the driving force behind its accomplishments. By aligning the interests of the workforce with the company's goals, Lemberg has cultivated a culture of innovation, collaboration, and accountability. Employee-owners are not just employees but stakeholders with a vested interest in the company's success.

Explore Lemberg’s full history here!

The Value of Working With an ESOP Company

There are many benefits of working with an ESOP company, including:

• Exceptional quality and customer service — Employees have a vested interest in your success. Your success is their success, so every employee cares about your project as much as you do.
• Enhanced business relationships and partnerships — Employees have a long-term perspective and commitment to the company, so they are interested in seeing the customer happy, allowing for the opportunity to work on future projects.
• Shared values and ethical business practices — Employee Stock Ownership Plan (ESOP) companies stand out as organizations that prioritize employee ownership and empowerment.

At Lemberg Electric, we recognize our employees are the backbone of our longevity and success. Their dedication, expertise, and quality workmanship make us stand out as an industry leader.

By partnering with Lemberg, you can expect the following:

• The safest job site guaranteed — Our culture is built around safety. We offer every Lemberg team member, from front office to field technicians, OSHA certification instruction, ensuring the safety of our employees and your employees throughout the project.
• Quality and efficient work — Our licensed electricians provide prideful and artful craftsmanship, giving you the peace of mind that your project will be done right. What’s more, through our design-build approach, our designers, engineers and project managers work together in the earliest stages of the project, allowing for complete collaboration.
• Protected project timelines — By utilizing Agile Construction, we are able to evaluate the project’s success and adjust in real time to stay on track, resulting in the efficient and timely delivery of a project.
• Accurate and transparent cost estimates — We draw from decades of experience and expertise to provide a budget as accurately as possible, identifying details others may overlook. Our proactive procurement of materials helps protect the timeline from supply chain delays.
• Seamlessly integrated building systems — Our reliable and qualified data communications team and cabling contractors ensure your low-voltage network is seamlessly integrated from design to installation.

Lemberg works with commercial, industrial and residential customers in a variety of industries. From electrical services to business sign design and installation, we have you covered! Check out our services now.

Looking To The Future

As we celebrate 30 years of ESOP and 95 years as one of Milwaukee’s leading electrical construction companies, we remain committed to our core values and the ongoing success of our employee-owners.

By fostering a culture of collaboration, innovation, and shared responsibility, we continue to exceed client expectations, drive industry advancements, and make a positive impact on the communities we serve. Here's to three decades of shared employee success and a future filled with continued growth, innovation, and prosperity!

Looking for more information on Lemberg’s 95th Anniversary and its 30-year history as an ESOP company? Check out our Facebook and Linkedin!

For employment opportunities, visit https://www.lembergelectric.com/careers.