Siding Contractors; Building Finishing Contractors
Construction (Heavy & Commercial)
BAMCO is a 100% employee-owned company in the fabrication industry headquartered in Middlesex, New Jersey. Established in 1986 as a company specializing in aggregate and cement board panel installation, BAMCO organically transitioned to architectural panel systems. Today, BAMCO boasts a comprehensive team of engineers, project managers, field and shop superintendents, and construction professionals who offer design, engineering, estimating, fabrication, testing, and installation services. Their aim is to provide a full-service solution that minimizes costs, lead times, and the workload of their valued clients. Currently servicing customers in 48 states, BAMCO designs, manufactures and installs state-of-the-art composite metal panel systems for commercial, institutional, governmental, manufacturing, and residential projects.
In 2018 BAMCO became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP). Co-founders Michael Biviano and Allan Pasternak made the decision to transfer ownership of the company to their employees. This transition effectively granted ownership to the dedicated workforce that had played a pivotal role in BAMCO's growth. Recognizing that they couldn't lead the company indefinitely, Biviano and Pasternak sought to reward those who had contributed to BAMCO's success by offering them a stake in the business. Employee-owned companies are known for their enhanced efficiency and profitability compared to their non-EO counterparts; ownership empowers individuals to act as stakeholders. Today, at BAMCO, the company continues to foster a culture where Employee Owners feel valued, engaged, and empowered, resulting in top-tier service and products for their customers. It is their people who serve as the foundation of their strength.
While they are not certified, based on Department of Labor 5500 fillings and other third-party data sources, we believe their ESOP meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Worker Cooperative meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Employee Ownership Trust meets our standards of significant and broad-based employee ownership.
While they are not certified, we believe they meet our standards of significant and broad-based employee ownership.
Website:
Location:
Employee Ownership Type:
ESOP
Employee-Owned Since:
2018