News

The Birmingham Section started 2015 with a political reception at the Murray Building Co. jobsite at the old Merita Bread Bakery. More than 150 members were in attendance with city and state officials. Everyone enjoyed a tour of the site as well as barbecue from Joe McNabb and Hendrix Chevrolet.

Alabama AGC to Host Chapter-wide Building a Better Business Seminar

Alabama AGC is proud to host a Building a Better Business Lunch & Learn Seminar on September 21 from 11:30 am to 1 pm at the Henry T. Hagood, Jr. Conference Center in the Alabama AGC Building in Irondale.

This seminar on ESOPs will be one of several seminars discussing various succession plan options, although Alabama AGC does not endorse one option over the other as each option has its own advantages and disadvantages.

What do some of the largest construction companies in the United States know, that you need to know?

 

  • CH2M Hill

  • Parsons

  • HDR

  • Austin Industries

  • CSM Smith

  • Cianbro

 

Each of these companies sponsors an Employee Stock Ownership Plan (ESOP). ESOPs can help provide liquidity for current owners, help transition company ownership to internal successors, provide a broad based employee incentive plan… all while producing tax benefits for owners and the company.

 

Learn more about this unique planning opportunity at our September 21 lunch and learn. Our speakers will be Kelly Finnell, President of Executive Financial Services, Inc., a national ESOP consulting firm, Chip Crane Chairman of the Board and Evangala Roberts, Chief Financial Officer of FL Crane & Sons, Inc., a drywall contractor with locations throughout the Southeast and Texas. This session will provide a unique opportunity to learn about the technical side of ESOPs from Kelly who is in an attorney and the author of a book and 12 articles on ESOPs, and from Chip and Evangala who are two of the key leaders in a large ESOP owned construction company.