Mead Lumber is marking a major milestone this fall: 25 years since becoming an employee-owned company, and 10 years as being 100% employee owned. Founded in 1910 in Ashland, NE, the company launched its Employee Stock Ownership Plan (ESOP) on Sept. 25, 2000, with employees owning a portion of the company. In 2014, Bob Mead, the last Mead family member to own the company, sold his ownership stake of the company to the employees, making Mead Lumber 100% employee owned. “When Mead Lumber started down the road of becoming employee owned 25 years ago, no one could have predicted the impact it would have on our people and our future,” said Dave Anderson, President and CEO of Mead Lumber. Employee ownership has brought long-term benefits to Mead Lumber and its people.