Employee owned companies are an amazing way to conduct business. Employee owned companies put the employee first by offering competitive pay, benefits and retirement options.

Franklin Building Supply was pleased to announced yesterday that they are now a 100% employee owned company. According to Franklin Building Supply, the current leadership team will still be responsible for managing the company and all employee jobs will remain the same.

President and CEO of the company says, “While our ownership structure might be changing, the way we do business and the people who make Franklin exceptional are not changing at all. When Franklin Building Supply does well, employees will get to share in that success through stock.”

With beneficial ownership, FBS employees are now invested in the company and can have a direct impact on company performance. An individual’s actions on the job can help Franklin Building Supply grow and affect its stock value.

Franklin Building Supply has been locally owned and operated since 1976 when the doors to their first location in Boise, Idaho opened.

Franklin Building Supply has two locations in the Magic Valley. In Twin Falls at 1390 Highland Ave East and at 303 Overland Ave in Burley.

Congratulations to Franklin Building Supply and their employees.

More From News Radio 1310 KLIX