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.