Key Construction
Key Construction is a 100% employee-owned general contractor headquartered in Wichita, KS. Founded in 1978 by brothers Ken and Dave Wells, the company transitioned to employee ownership in early 2025. The company sold its ownership to an Employee Stock Ownership Plan (ESOP), which was part of Key Construction’s succession planning strategy. Dave Wells, the company's president, emphasized that the decision was a natural choice, acknowledging the employees' significant role in building the company to its current stature. He expressed honor in passing the ownership to the employees, aiming to help them achieve their long-term retirement goals.
The ESOP structure underscores Key Construction's commitment to its workforce, recognizing employees as its most valuable asset. This transition is anticipated to enhance employee engagement and drive the company's future success.
Key Construction is an employee-owned company headquartered in Wichita , Kansas.
Key Construction is an employee-owned company.
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.