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Hammond Group

Chemical Manufacturing; Chemical & Allied Products Wholesalers

Manufacturing

Distribution & Wholesale

Hammond Group is an employee-owned manufacturing company headquartered in Hammond, Indiana. With 90 years of experience, Hammond Group is a specialized chemical company with multiple manufacturing facilities. Their extensive reach spans across the EMEA region with a base in Gateshead, England, and extends into Asia from their location in Kuala Lumpur, Malaysia. Their commitment is geared towards catering to the needs of automotive, industrial, and renewable energy storage battery manufacturers. Hammond Group's overarching mission is to empower lead-acid battery technology to stand as a competitive choice among "advanced batteries" in various applications, such as vehicle fleet electrification, power grid stabilization, and green energy storage.

In 2019, Hammond Group became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP).  This ESOP grants Hammond Group employees a formal and exclusive stake in the organization's prosperity and success. It is important to note that this stock is not publicly traded and cannot be acquired by external entities. The foundational belief is that when Hammond employees possess ownership of the company, they will become outstanding custodians of its well-being and will diligently work towards enhancing the organization. Through the collaborative operation as a team of employee-owners, Hammond Group is cultivating a culture that proves beneficial for employees, conducive to business growth, and advantageous to the community and customers they serve.

Hammond Group is an employee-owned company headquartered in Hammond, Indiana.

Hammond Group is an employee-owned company.

While they are not certified, based on Department of Labor 5500 fillings and other third-party data sources, we believe their ESOP meets our standards of significant and broad-based employee ownership.

While they are not certified, based third-party data sources, we believe their Worker Cooperative meets our standards of significant and broad-based employee ownership.

While they are not certified, based third-party data sources, we believe their Employee Ownership Trust meets our standards of significant and broad-based employee ownership.

While they are not certified, we believe they meet our standards of significant and broad-based employee ownership.

Location:

Hammond, IN

Employee Ownership Type:

ESOP

Employee-Owned Since:

2019

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