Press Release -- LBS Named Employee Owned Company of the Year

FOR IMMEDIATE RELEASE

LBS Awarded 2023 Employee Owned Company of the Year by the IA/NE Chapter of The ESOP Association
This incredible honor recognizes an outstanding ESOP Company committed to employee ownership.

DES MOINES, Iowa (March 1, 2023) — The IA/NE Chapter of The ESOP Association named LBS, a 100% employee-owned company based in Des Moines, IA as the 2023 Employee Owned Company of the Year.

This award is given to an ESOP company that shows a strong commitment to employee ownership through its involvement with The ESOP Association and its programs, its clear communication with employees, and its commitment to The ESOP Association’s vision of endorsing employee participation, wealth creation, and individual dignity and worth.

The review committee was inspired by LBS’ dedication to employee ownership culture and impressed with the examples they set for the ESOP community to follow.

LBS employee-owners Chris Paxson, Zach Gifford, Art Singelyn, and Derek Stocking received this award on behalf of LBS while attending the IA/NE ESOP Chapter's 2023 Winter Conference in Omaha, NE on March 1, 2023.

LBS became an ESOP in 2014 and is 100% employee owned. “We are very proud to receive the Employee Owned Company of the Year award! It says to our community, our customers, and most of all our employee-owners that we are committed to doing the right thing. By this I mean we pride ourselves on working together to make our company environment one that is safe, welcoming, rewarding, interesting and when appropriate, a heckuva lot of fun!” said Rob Mauritz, President and CEO of LBS.

LBS is now entered into the National Award competition for National Employee Owned Company of the Year.

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About LBS
LBS is a manufacturer and distributor of materials for publishing, photo books, bookbinding, and luxury packaging. Founded in 1921, LBS has grown from a family bookbindery to a diverse supplier, serving all facets of the book publishing and luxury packaging industries.

Today, LBS is headquartered in Des Moines, Iowa, with approximately 95 employee-owners. Proud of its roots in the world of fine craftsmanship bookbinding, the company continues to seek avenues for growth, meet the needs of its customers, and work hand-in-hand with suppliers and partners to provide superior bookbinding and luxury packaging materials and products.

About The ESOP Association
The ESOP Association is the largest organization in the world supporting employee-owned companies, the more than 10 million U.S. employees who participate in an ESOP, and the professionals who provide services to them. Headquartered at the International Employee Ownership Center in Washington, DC and operating as a 501(c)6 organization with the affiliated Employee Ownership Foundation, The ESOP Association conducts and funds academic research, provides more than 160 annual conferences and events attended by nearly 15,000 individuals, and advocates on behalf of employee owners and their businesses to federal and state lawmakers. You can learn more at www.esopassociation.org.

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