Loureiro
Engineering & Architecture
Loureiro is a 100% employee-owned company in the construction industry headquartered in Plainville, Connecticut. Loureiro Engineering Associates, founded in 1975 by engineers and environmental scientists, initially focused on delivering exceptional services in their expertise. However, client demands for comprehensive project oversight, including construction, led to the establishment of trusted partnerships with contractors. By 1998, Loureiro completed its first vertical construction project, evolving into a full-service team. Loureiro ensures clients receive integrated solutions across vertical, heavy/civil construction, and professional services. Emphasizing client preferences and maintaining transparency, Loureiro remains attentive even after project completion, seeking feedback and ensuring accountability.
In 1998, Loureiro became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP). As a 100% employee-owned company, Loureiro Engineering Associates values its team and the trust clients place in them. The ESOP holds company stock in trust for participants, with special rules regarding valuation and distribution. Loureiro's commitment to employee ownership goes beyond financial aspects. They've established a committee to foster an ownership culture, facilitating communication between past and present employee owners. This committee aims to promote an inclusive workplace, benefiting individuals and the company as a whole. In alignment with their commitment to employees, Loureiro supports career progression through both ESOP and 401K programs, allowing individuals to play an active role in their short-term and long-term success.
Loureiro is an employee-owned company headquartered in Plainville, Connecticut.
Loureiro 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.