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U.S. Representative Tom Barrett Visits The Boldt Company’s Wixom Office to Highlight Employee Ownership

U.S. Representative Tom Barrett visited The Boldt Company’s Wixom Mich. office in August to learn firsthand more about the impact of Boldt’s S Corporation ESOP on employees’ retirement security and workplace culture.

The visit was part of a broader initiative led by the Employee-Owned S Corporations of America (ESCA), which promotes and expands private employee ownership nationwide. Rep. Barrett is considering support of H.R. 3105, a bipartisan bill aimed at strengthening S Corporations through incentives for ownership transitions, technical assistance, and support for small businesses.

During his visit, Rep. Barrett toured the office and shop, meeting with members of Boldt corporate leadership and Michigan-based team. Employees shared personal stories and insights into how employee ownership has positively influenced their careers and retirement outlooks.

“ESOPs may not be as well-known as 401(k) plans, but they are an opportunity for employees to have more ownership of their future retirement,” said Jake Ruatti, Chief Financial Officer and Executive Vice President for The Boldt Group. “As employee-owners, we’re not just working for a company – we’re building equity in our company, and its success can become our individual success in retirement.”

Boldt’s leaders emphasized the value of Boldt’s S Corporation ESOP in providing meaningful retirement benefits, including stock ownership and 401(k) matching, while fostering a strong, inclusive company culture. The visit offered a firsthand look at how employee ownership contributes to long-term financial security and workplace engagement.

About The Boldt Company
The Boldt Company (Boldt) is a leading professional construction services firm with customers across the United States and is a subsidiary of The Boldt Group. Founded in 1889, Boldt is a fourth-generation family and employee-owned firm headquartered in Appleton, Wisconsin. Boldt is recognized as a pioneer in Lean construction and in the industrialized construction space. Boldt operates 18 offices across the U.S. that serve customers in healthcare, power, industrial, education, automotive and commercial markets.