Letter From the President

Independence Day is a time to reflect on everything that makes America the land of opportunity. The ability for employees to own a part of the company they work for is an important part of what makes our country successful. And, it is a big part of what makes FBG special. In this issue, learn how employee ownership helped save […]

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ESOP News

What does cod have to do with employee ownership? During the Revolutionary War, the British took aim at one of America’s main economic engines, the cod industry, by imposing stiff tariffs on the fisherman. After gaining independence from Britain, Thomas Jefferson, then Secretary of State, was charged with coming up with a plan to help the industry recover. Jefferson offered […]

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Putting Stock in Our People

25 Years of Employee Ownership It’s not just a matter of loving what you do, the people you work with and the clients you serve. At FBG Service Corporation, success comes from the belief that “ownership is an important motivator; when you have ownership in the company, you have a vested interest in its success,” said FBG founder, Wayne Simmonds, when he first offered shares to a handful […]

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ESOP News

2018 marks our 25th year of ESOP celebrations! We started on this journey in 1993 when FBG formally announced its Employee Stock Ownership Plan. The first ESOP certificates were shared in April of 1994, solidifying my father and our founder, Wayne Simmonds’ long-time vision for the company and officially establishing FBG as one of the few employee-owned companies in America. For over […]

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Des Moines District 2018 Value Awards

Our annual Employee Stock Ownership celebrations honor our employees and give us the opportunity to express our deepest thanks. We’re so pleased to recognize the following Value Award winners from Des Moines for their outstanding contributions over the past year. -Terri Gogetap, President FBG Service Corporation QUALITY Mark Waters Mark has an outstanding work ethic. His drive for quality outcomes is seen in the […]

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