Jasper Holdings has been recognized by the Indianapolis Business Journal as the 17th largest private company in Indiana by revenue in its 2026 Corporate 100 report.
This recognition places Jasper Holdings among the state’s most successful privately held businesses and highlights the continued growth, strength and performance of its Associate-Owned company.
In addition to this revenue ranking, Jasper Holdings states it is proud to be recognized as the largest 100% Employee Stock Ownership Plan company in Indiana. The company says this distinction is especially meaningful because it reflects not only the size and success of our organization, but also the power of employee ownership and the commitment of the Associate-Owners across the country.
“This achievement belongs to our Associate-Owners,” says Doug Bawel, chairman of the Board of Jasper Holdings Inc. “Being ranked among Indiana’s largest private companies is a tremendous honor, but being the largest 100% ESOP in the state is what makes this recognition truly special. Our success is the result of our Associate-Owners’ dedication to safety, quality, productivity, customer service and the reduction of waste.”
Since becoming 100% Associate-Owned, Jasper Holdings has continued to grow through strong operating performance, disciplined acquisitions and a culture built on mutual trust, mutual respect, continuous improvement and long-term thinking. The company’s ESOP provides Associate-Owners with a meaningful opportunity to participate in the value they help create every day.
“We should all take great pride in this recognition,” Bawel says. “It demonstrates what can happen when Associate-Owners think like owners, work together as one team, and stay focused on doing things the right way for our customers, our communities, and each other.”
Jasper Holdings extends its sincere thanks to every Associate-Owner whose efforts helped make this milestone possible. This recognition is a shared accomplishment and another important chapter in the company’s ongoing ESOP success story, the company says.
