Company credits growth to ESOP structure

Established in 1960 by Gordon “Buck” Horbuck and his wife, Ira, B&I Contracting began the transition into an employee-owned company in 1986. It completed it in 1991.

The move to what's commonly referred to as an ESOP, at least based on share price, has been nothing short of remarkable: privately-held shares of the company are now worth nearly $230 a share — up more than 500% from the value of a share in 1995. By comparison, the S&P 500 has increased 334.6% in that time frame, according to MarketWatch data.