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Hard work by employee owners pays off


100% Employee Owned.

WEST SPRINGFIELD, MASS.,–This week, Atlantic Fasteners held meetings for its employee owners to discuss fiscal year results and the firm’s stock price as determined by an independent evaluation firm.

Employees were pleased to find that their ESOP (Employee Stock Ownership Plan) accounts increased by 45% of their total earnings for the year.

President Tony Peterson noted, “Being an ESOP gives all of us a stake in the success of Atlantic and provides a great retirement benefit above and beyond our 401k plan.”

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