Reynolds Sealing & Striping was founded by Dan Reynolds in 1978, and incorporated in 1982. Reynolds got its start sealing and striping parking lots and private driveways in the Bowling Green, KY area.
The company grew year after year in the private sector during the 1980’s, and in the early 1990’s, the company purchased its first striping truck and started to focus on working as a subcontractor for local paving contractors.
It was also in the 1990’s when the Kentucky Transportation cabinet advertised bids to re-stripe roads in several districts across the state.
Since securing the first prime contract to re-stripe roads in Kentucky, Reynolds’ reach has grown to include the states of Tennessee, West Virginia, Virginia, Ohio, South Carolina, Indiana, Arkansas and Missouri.
Today, we tackle a variety of projects, from roads and highways, to airfields, military bases, and hospitals. We also provide surface preparation and line eradication, sign installation, and traffic control.
Call or email us today and let us show you what marking your way is all about.
Employee Owned (ESOP)
Reynolds Sealing and Striping is an employee-owned company.
Our Employee Stock Ownership Plan (ESOP) provides employees with a an ownership interest and retirement plan through the company.
Employees earn ESOP shares which are awarded annually by the trust to each qualifying employees’ account. ESOP shares are allocated to employees and may be held in an ESOP trust until the employee retires or leaves the company. An ESOP provides employees with an opportunity to contribute to the success of the retirement plan.
The value of the ESOP shares is determined by the total appraised value of the company at the end of each fiscal year.
Studies have found that ESOP participants made 5% to 12% more in wages and had almost three times the retirement assets as did workers in comparable non-ESOP companies.
ESOPs are regulated by the Employee Retirement Income Security Act [ERISA], a federal law that sets minimum standards for investment plans in private industry.