Small Mine Development
Support Activities for Mining & Oil; Mining
Small Mine Development is a 100% employee-owned underground mining contractor headquartered in Boise, Idaho. Founded in 1992, Small Mine Development (SMD) specializes in underground hardrock mining, offering services from exploration through engineering, development, production mining, and ultimately, closure. The company operates across multiple states in the western United States, providing innovative and safe mining solutions to its clients.
Small Mine Development became employee-owned in 2020 when it implemented an Employee Stock Ownership Plan (ESOP). The decision to transition to employee ownership was driven by a desire to create a sustainable and forward-thinking company that rewards employees for their dedication and hard work. By selling shares to the ESOP, the founders aimed to ensure the company's long-term success and preserve its strong culture. “EO reinforces SMD’s values of safety, productivity, and innovation,” the company notes, highlighting the alignment between employee ownership and its core mission.
Small Mine Development is an employee-owned company headquartered in Boise, Idaho.
Small Mine Development 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.
