Connections: Central States becomes member of certified EO
Tontitown-based metal manufacturer Central States Inc. has become a member of Certified Employee-Owned (Certified EO), a certification program for American employee-owned companies. Central States is 100% employee-owned by its 1,400 employees.
“We are thrilled to be recognized by Certified EO for our commitment to fostering a culture of ownership and empowerment at Central States,” chief financial officer Chad Ware said. “This collaboration will help us provide invaluable resources and education to both our current and future employee-owners, ensuring they are well-informed and engaged in our shared mission to educate and inform them no matter where they are on their journey to financial freedom.”
To become a Certified EO member, companies must complete a certification process to demonstrate that their employees own at least 30% of the business exclusive of company founders, access to ownership is open to all employees and the concentration of ownership is limited.
“We’re excited to have Central States as our newest member,” said Thomas Dudley, CEO and co-founder of Certified EO. “Employee ownership changes the relationship between the company and employee. It’s a win-win-win for the employees, the business and the community. As one of the fewer than 1 in 200 American companies eligible to join Certified EO, Central States stands out in promoting the power of employee ownership. They’ve joined a growing community who are reshaping how businesses operate.”
Central States has 13 locations nationwide, with two manufacturing plants set to open in 2025.
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