MB Haynes is a 100% employee-owned company in the construction industry headquartered in Asheville, North Carolina. Founded in 1921, the company was initially operated as an electrical company. Over the years, it has evolved into an employee-owned, multi-trade construction and service company with a workforce of over 600 dedicated professionals. The skilled artisans and technicians within the organization possess the capabilities to cater to a wide spectrum of requirements and are equally adept at providing services and constructing a myriad of projects.

In 2021, MB Haynes became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP). In essence, an ESOP functions as a retirement plan but encompasses a broader scope of impact. ESOPs are multifaceted instruments that motivate employees, enhance retention, boost productivity, preserve jobs within the community, and ultimately contribute to a company's longevity. As co-owners of the company, employees are transformed into invested entrepreneurs. This transformation fosters a sense of pride and a shared loyalty among all members, where they see their contributions as integral to a greater whole. Collaborative ownership and profit-sharing foster a harmonious work environment, as employees gain additional motivation, knowing that higher profits translate into increased personal wealth.

Enhanced transparency and greater employee involvement lead to more informed and active workplace decision-making. With employees having a stake in the company, they feel empowered to contribute creatively and express confidence in providing input on policy development. This collective approach facilitates rapid and efficient integration of customer feedback into company improvements. As a result of an engaged and motivated workforce, employees thrive, and customers receive superlative service. This synergy builds long-lasting relationships that benefit everyone involved, creating a genuine win-win scenario. In sum, ESOPs like the one at MB Haynes represent a true testament to the idea that it is a win for all parties.