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Employee Stock Ownership Plan Acquires 100% of Stevens Industries

Today, Tom Wegman, President of Stevens Industries, Inc. announced a change in ownership at Stevens Industries, Inc. On December 23, 2008, Stevens Industries’ Employee Stock Ownership Plan (ESOP) became the 100% owner of Stevens Industries. This completed a process that was started in 1998 when the ESOP acquired 46% ownership in the company.

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