Related: CCW Delivers 2 Rehabbed Buses to Capital Area Transit
SBL, CCW Transition to 100% Employee Stock Ownership Plan
The Employee Stock Ownership Plan (ESOP) provides company stock to employees as part of their retirement benefits.
by Staff
August 26, 2021
The announcements were made during a lunch as the meeting was simultaneously broadcast to all remote employees via video conference.
Photo: Shuttle Bus Leasing, Complete Coach Works
1 min to read
Shuttle Bus Leasing (SBL) and Complete Coach Works (CCW) announced their plans to transition to 100% employee-owned.
The Employee Stock Ownership Plan (ESOP) provides company stock to employees as part of their retirement benefits.
The transition is not finalized, yet. Once finalized, employees can start to benefit from these contributions.
SBL provides short to long-term leases and used transit shuttle buses for a variety of applications. It also provides customized leasing term options to suit our customer’s needs, such as seasonal leasing, contract leasing, gap leasing, secure transport leasing, and private employee shuttle leasing.
CCW has been a bus remanufacturing and rehabilitation company in the U.S. for over 34 years. The company unveiled the remanufactured all-electric, battery-powered bus in 2012.
The announcements were made during a lunch in Riverside, California.
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