« Continue Browsing

e-mail article Print     e-mail article E-mail

Published May 03 2013

Bergstrom Electric sold to its employees

Bergstrom Electric, a Grand Forks-based electrical contracting firm with offices in Fargo, Bismarck, Devils Lake, N.D., Thief River Falls and Crookston, Minn., has been sold to its employees.

After the formation of an employee stock ownership plan, former shareholders Al Bergstrom, Tim Bergstrom, Cliff Moen and Darrell Larson sold their interests in the company to the ESOP.