The ESOP transaction was officially closed on November 14, 2023, making Legend Valve & Fitting an employee-owned company. This decision was driven by the desire to align the employees' interests with the business's overall success, fostering a sense of shared responsibility and collaboration.
While it is hard to predict anything with certainty during these times, there does seem to be agreement that the current tariffs imposed by the United States on steel goods will continue for the foreseeable future.