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| | Employee-Owned S Corporations of America: |
 | | Congressman Ramstad, a longtime proponent of S corporation employee ownership, noted on the release of the study, “It is gratifying to see proof that Congress’ work in 1996 and 1997 to allow S corporations to be ESOP-owned is paying tremendous dividends for rank-and-file workers across America. |
 | | The study, which measured voluntary responses by more than 1,850 employees whose companies are ESOP-owned Subchapter S corporations, was commissioned by the Employee-Owned S Corporations of America and took place over six weeks this summer. |
 | | The 16 companies whose employee-owners responded to the blind survey are members of ESCA; the companies represent a cross-section of industry -- manufacturing, wholesale, construction, banking and insurance sectors, among others. |
| www.esca.us (489 words) |
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