Wendler Inc. transitions to 100% employee ownership - Business Record
Cedar Rapids-based heavy civil construction firm Wendler Inc. has transitioned to 100% employee ownership through the establishment of an employee stock ownership plan (ESOP), giving nearly 150 employees an ownership stake in the company. The transition follows a period of growth for Wendler, which has roughly doubled its annual construction volume since 2021. In 2025,…
Cedar Rapids-based heavy civil construction firm Wendler Inc. has transitioned to 100% employee ownership through the establishment of an employee stock ownership plan (ESOP), giving nearly 150 employees an ownership stake in the company. The transition follows a period of growth for Wendler, which has roughly doubled its annual construction volume since 2021. In 2025,…
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