Employee Stock Ownership Plan

Unison was formed in 2000 as a company that specialized in value-added energy type services for customers of small utilities. The type of services offered included energy audits, air compressor leak analysis, sales tax exemption audits, and project management.

While initially doing several small projects for a local utility, Unison was asked to help with some biogas fueled projects. After several projects, the owners quickly realized how this opportunity had set the path for Unison’s future.

The focus then became on providing high quality biogas systems to this new emerging market.  As the company grew, additional staff was hired, and the company relocated several times until deciding to move to its current location. This led to additional growth, including the addition of a UL panel and ASME vessel shop.

Unison’s growth has continued to where we are today as an organization with 50+ employees and 65,000 sq. ft. of manufacturing space, providing biogas conditioning and upgrading systems with full service and support.

After 20 years in business, the owners needed a succession plan for Unison’s future as they transitioned out. Many options were investigated including interest from other organizations to purchase the company. Because Unison’s strength has always been in the knowledge and experience of their employees, the owners made the choice to form an Employee Stock Ownership Plan (ESOP). An ESOP is set up to reward employees for their contributions to Unison’s success with stock ownership, leading to additional assets upon retirement.

Unison has been employee-owned since November 2020.

 

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