You have 1 more FREE article this month. Sign up for ALL-ACCESS
We're glad you are enjoying Business Report. To continue reading, sign up for ALL-ACCESS
Pala Group, a local construction company, has converted itself into an employee-owned business. Pala officials say the transfer of ownership was the best way to get the company's 400-plus employees mo…
Continue reading this story and get ACCESS to all our content from any device with a subscription now.
- Get access to more than a decade of story archives.
- Get access to our searchable data center of TOP LISTS.
- Get exclusive content only available to INSIDERS.
Pala Group, a local construction company, has converted itself into an employee-owned business. Pala officials say the transfer of ownership was the best way to get the company’s 400-plus employees motivated about improving the firm. Jorge Tarajano, Pala chairman and CEO, says senior management remains unchanged, but an outside member will be added to the board of directors. While large companies such as Procter & Gamble, Sherwin-Williams and Publix Super Markets are owned by employees, Pala says it’s one of the few construction firms on the Gulf Coast to fall under the category.
