ESOP Employee Stock Ownership Plan

On November 17, 2005, the Gear Motions Companies (Nixon & Oliver Gear) took the first step in becoming a 100% Employee Owned Gear Manufacturing company by creating an employee stock ownership program called an ESOP. More>>>

Gear Manufacturing Owners become Accountants!

Not really! However, our ESOP team of gear grinders, and gear cutters, recently attended a training session intended to teach basic understanding of how Financial Statements work and how they connect to people's jobs. John Barrett from Oliver Gear said, "I was really impressed at how much we already understood from our years of seeing our own financials, and how it helped us understand even more of what was being presented"! More>>>