________________________________________________________________________________________________________________________
We are planning to visit a couple of buildings in a new market where we can grow and continue to offer our high level of value and service
bought a new car or got married . In essence , I enjoy being part of their lives and fostering a family atmosphere . With that said , Frank Winter , our Executive Vice President , and I sat down and debated it for around a year before deciding that the ESOP was the best path for us and for the future of Atlanta Flooring . This decision stems from our recognition that our employees helped get us reach our current position and thereby deserve to have a piece of the ownership . Moreover , we felt that a full purchase or buyout could negatively affect our valued employees ’ future , so we avoided going in that direction . We were ready to implement the ESOP in early 2020 but when the pandemic hit , we had to focus all our efforts on keeping our employees and staying afloat . It was a challenging time , with high levels of turnover and resignations , but we hung in there and got through it ,” he continues .
This experience cemented the idea that the ESOP would help Atlanta Flooring retain its employees and talent . “ There was simply no other choice . Consequently , as
186