Warren Environmental and A&W Maintenance Transition to 100% Employee Owned Companies

MIDDLEBOROUGH, Mass. - Nov. 16, 2018 - PRLog -- Warren Environmental and A&W Maintenance have announced they are beginning a new era as they become 100% employee owned by partnering with Garney Construction. Garney, a 100% employee owned company, is a national leader in water and wastewater construction, with nearly 1,350 employee-owners and an annual revenue of $842 million in 2017. The partnership provides Warren Environmental and A&W Maintenance with significant resources and financial strength for continued long-term growth in the epoxy coating systems industry. In addition, current and future employees gain a beneficial ownership interest in the combined companies without any personal investment.

Co-founders of Warren Environmental and A&W Maintenance, Danny and Jane Warren, were attracted to Garney's culture, which closely mimics their own strong culture, as well as their ownership structure. This structure gives their employees financial interest in the businesses' success and represents a tangible way for the co-founders to reward existing employees who have played a critical role since each company's inception nearly 35 years ago.

"Our final decision to move forward with Garney was based on a mutual company philosophy of honesty in the workplace, and care for the people who work for our companies," said Danny Warren. "It was essential that our team of dedicated employees be secure and thrive after the sale of our companies. Garney's employee owned structure provides that."

Danny and Jane Warren will remain in their current positions to drive continued success. "From a personal standpoint, the deal means not only financial security, but the opportunity to still be a part of the companies that we have painstakingly built over the last 35 years," said Jane Warren. "It will be exciting to be a part of the future growth that Garney will accelerate because of their footprint in the industry."

About Warren Environmental and A&W Maintenance
Warren Environmental manufacturers an epoxy system that offers a cost-effective option to coat, protect, and rehabilitate structures with minimal downtime. A&W Maintenance is the in-house master applicator and serves as the training crew for all Warren Environmental's approved applicators worldwide. Learn more at https://www.warrenenviro.com/.

About Garney Construction
Garney specializes in the construction of water and wastewater pipelines, treatment facilities, pumping stations, water storage tanks, and industrial/heavy civil projects. Garney was established in Kansas City, Missouri, in 1961 and has 17 regional offices. Garney is 100% employee owned with nearly 1,350 current employee-owners. Learn more at https://www.garney.com/.