Employee Ownership

Employee Stock Ownership Plan:

In 2003, founder Wallace Tessmer sold the company to the dedicated Tesco employees. Today, Tesco Controls is 100% owned by the employees through an ESOP (Employee Stock Ownership Plan). An ESOP is a federally qualified employee benefit program designed to give employees ownership in the company where they work by giving the employees shares of the company. These shares are held by an ESOP trust and allocated to employees from the profit of the firm.

For you, our client:

Tesco's business is owned and managed by our employees. Our managers and employees have a long-term approach to our business and to your solutions. We do not compromise our long-term relations with you, our suppliers or our employees.

For you, our employee:

Tesco Controls shares with you the benefits and obligations of ownership in your company. As shareholders of Tesco Controls, your commitment to our mission and strategic plans will bring long-term value to you and your family.

We believe our ESOP supports both our clients' and employees' desire to build long-term relationships, solutions and value.

Tesco's Family Portraits:

Northern California Corporate HQ

Southern California Office

Not Photographed: Ben Salt, Chief Systems Architect