Guttman Holdings, Inc. Earns Prestigious Pennsylvania ESOP Company of the Year Award

BELLE VERNON, Pa.--(BUSINESS WIRE)--Guttman Holdings, Inc., a 100% employee-owned organization and the parent company of Guttman Energy, Inc., Guttman Renewables, LLC, and Source One Transportation, LLC announces today that the Pennsylvania/Delaware Chapter of The ESOP Association presented Guttman Holdings with this award on March 26, 2025, at The ESOP Association’s spring chapter conference in Lancaster, PA.

The ESOP Association shared the following about the award.

“The PA ESOP Company of the Year Award is given to an ESOP company that shows a strong commitment to employee ownership through its involvement with The ESOP Association and its programs, its clear communication with employees, and its commitment to The ESOP Association’s vision of endorsing employee owner participation, wealth creation, and individual dignity and worth. Guttman Energy was a clear winner for its outstanding commitment to employee ownership advocacy, education, and engagement.”

All ESOP chapter award winners are entered in the national ESOP Company of the Year competition, which is awarded at the Employee-Owned Conference in November in Las Vegas.

“This is a great honor for our company and our 270 employee owners. ESOPs provide numerous benefits, including wealth building accumulation, additional retirement savings, and professional growth opportunities. Guttman Holdings’ employee owners are empowered; they have a financial stake in our business and our company’s growth, and as a result, they deliver exceptional customer service. When our customers and our company succeed, our ESOP grows, our communities and local economies strengthen, and each of our employee owners and their families can prosper,” shared Joseph R. Lucot, CEO of Guttman Holdings, Inc.

Founded in 1931 and based in Belle Vernon, PA, Guttman Energy is a fuel leader and full-service fuel distribution enterprise providing comprehensive fuel and energy solutions, procurement, applied market intelligence, and logistical programs to a wide variety of commercial, industrial, and governmental organizations. Customers partner with Guttman Energy for their fuel and supply expertise, personalized customer service, and innovative energy solutions. Guttman’s fuel industry expertise includes nearly 95 years of experience navigating the complexities of the petroleum commodity market.

Learn more about all of the Guttman Holdings companies: https://www.guttmanenergy.com.