PHOENIX—The National Center for Employee Ownership has identified Sundt Construction, Inc. the largest majority employee-owned company in the state of Arizona and the sixth largest in the construction industry.

Sundt established its employee stock ownership plan in 1972 as a way to create a heightened sense of dedication and commitment among company employees, and to establish the next generation of company owners. celebrating its 125^th anniversary this year, the full-service general contractor now employs more than 1,300 people throughout Arizona, New Mexico, Texas and California.

“Sundt's unusual employee-ownership structure links individual success with customer success, which leads to greater value because it promotes collaborative innovation, disciplined execution and pride of ownership,” says Dan Haag, Sundt's chief administrative officer. “Sundt's ESOP encourages employee-owners to go the extra mile in serving our customers. Employee-ownership also helps attract and retain the best employees in the industry, as evidenced by the fact that almost 20% of our employees have been with Sundt for 10 years or more.”