TCW, Inc. Announces Employee Stock Ownership Plan Effective Jan. 1, 2022

Employees now own 100% of TCW, Inc., a Nashville-based transportation firm, carrying forward the legacy built from three generations of family ownership.

TCW, Inc. Logo

TCW, Inc. today announced the formation and launch of an Employee Stock Ownership Plan (ESOP), which went into effect Jan. 1, 2022.  The ESOP transfers 100% of company ownership to TCW employees from Scott George, who will remain in his role as Chief Executive Officer.

"The Employee Stock Ownership Plan provides continuity and stability for our TCW Family, our suppliers and our customers. I have always wanted TCW to thrive for many generations beyond me and to reward those who have helped build it the last 74 years and counting," George states.

TCW, Inc. was founded in 1948 by Scott George's grandfather, Howard, who was succeeded by his son, Phil, Scott's father.

To learn more about TCW, Inc., visit us online at:  www.tcwonline.com

To request more information about today's announcement, please contact Gary Cornelius, VP of Marketing & Sales, at 615-742-6152 or gcornelius@tcwonline.com.

Source: TCW, Inc.

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Categories: Trucking

Tags: Employee Owned, Employee Stock Ownership Plan, transportation industry


About TCW, Inc.

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TCW, Inc, a transportation firm based in Nashville, TN, has been in the business of providing reliable service and empowering business growth for over 70 years.

TCW, Inc.
22 Stanley Street
Nashville, TN 37210
United States