Team Elmer's: Uncovering the Financial Legacy of a Construction Powerhouse

Table of Contents

Team Elmer’s: A Construction Powerhouse Thrives Under Employee Ownership

Team Elmer’s, a family-run construction company in Northern Michigan, has built a formidable empire over six decades. With over 500 skilled workers and a commitment to quality, they’ve become an industry leader.

In 2023, Team Elmer’s made a strategic move by becoming an employee-owned company. This unique structure empowers workers and fosters a sense of accountability. As a result, Team Elmer’s reported impressive revenue of $115.4 million, with each employee generating an average of $230,800 per year.

Employee Ownership: A Catalyst for Success

The transition to employee ownership was driven by the Elmer family’s desire to ensure the company’s long-term success. This model aligns with industry leaders and empowers Team Elmer’s workforce. Employees now have a vested interest in the company’s profitability, leading to increased loyalty and dedication.

Expansion and Innovation: The Future of Team Elmer’s

Team Elmer’s is poised for continued growth. With a solid foundation and a motivated workforce, they’re exploring strategic acquisitions and expansion into new markets. Innovation is also a key focus, with the company investing in new technologies to enhance efficiency and productivity.

The Elmer Legacy: Hard Work, Innovation, and Community

Butch Broad’s children and a seasoned management team continue to uphold the legacy of Elmer Schaub, the company’s founder. Team Elmer’s remains committed to hard work, innovation, and building strong relationships within the communities they serve.