TXI adopted an ESOP structure to support our organizational resilience. ESOP companies tend to be longer-lasting and better performing than non-ESOP companies, providing additional stability for employees and clients. ESOPs provide a tax-deferred advantage for organizations to generate more working capital, which allows us to build a stronger and more resilient company.
The benefits of ESOP also motivate employees to stay with TXI for more of their career and to be more invested in the long-term success of their business. Last but certainly not least, ESOP provides a stable transition of ownership without disrupting operations or culture, unlike a merger or acquisition.