DeBlois Electric's ESOP Story & PRICE-IS-RIGHT CONTINUES | S7E34

In this episode of the Sargent: On Track Podcast, Business Development Director Glenn Adams guest-hosts and is joined by DeBlois Electric CEO Mitch DeBlois and President Steve Morin in the Flywheel Studio for a conversation about employee ownership, just ahead of Employee Ownership Month in October. Mitch shares how the Lewiston, Maine company grew from a small, mostly residential shop started by his father in 1967 into a commercial electrical contractor of about 80 people. The two walk through their decision to become an ESOP rather than sell, which was driven by a desire to take care of the people who helped build the company. If you liked this week’s episode and are interested in becoming an Employee-Owner at Sargent, please visit our careers page on the Sargent website. https://sargent.us/apply/ If you have an episode suggestion, please send your idea to: [email protected]