Grease interceptor manufacturer now employee owned
Schier Products Co., a Kansas-based grease interceptor manufacturer, announced a transfer of all stock into an Employee Stock Ownership Plan (ESOP), making the company 100% employee-owned. The company’s prior owners, Luke Ismert and Charlie Ismert, finalized the sale on Sept. 27.
Founded by Ed Schier in 1950, Schier began by selling plumbing drains and brass cleanouts outside of Milwaukee. It wasn’t until 1993 that the company transitioned into the business of manufacturing grease interceptors, which keep greasy restaurant wastewater from causing sewer system damage. Thirty years later, Schier has become a nationwide leader in the space, developing products, services and software for the commercial kitchen market (restaurants, hotels, schools, churches, stadiums, etc.).