Alpharetta, GA – Precision Concrete Construction, Inc., a premier provider of commercial and industrial concrete construction services throughout the Southeast, is proud to announce its transition to 100% employee ownership through an Employee Stock Ownership Plan (ESOP).
This transformative milestone honors the vision of founder Leonard J. Moniz Jr., who passed away in January 2025, and ensures the company’s continued commitment to excellence for decades to come.
Founded in 1986, Precision Concrete has built a distinguished reputation for meeting aggressive schedules and delivering exceptional quality on complex projects. From automotive manufacturing facilities like the $7.6 billion Hyundai Motor Group Metaplant to award-winning projects across sports, entertainment, and institutional sectors, the company has consistently demonstrated its expertise in heavy foundations, specialty floors, and large-scale construction.
Honoring a Visionary Legacy
“From day one, Lenny believed in building something that lasts. Transitioning to an ESOP is our way of investing in our people and preserving the legacy of this company for generations to come.” — Ryan Galasso, Vice President & Director of Project Management
The ESOP structure preserves Precision’s strong company culture while positioning the business for sustained growth and innovation. As employee-owners, team members now have an enhanced investment in every project’s success, from initial planning through final delivery.
Business as Usual, With Enhanced Commitment
The transition to employee ownership will not affect day-to-day operations, client relationships, or project delivery. Precision’s experienced leadership team remains in place, and the company will continue to pursue the same high-profile projects that have earned multiple industry awards, including recent recognition from ACI Georgia and AGC Build Georgia Awards.
“Precision was built with hard work, loyalty, teamwork, and a commitment to excellence. Now, with the ESOP in place, we’re passing that legacy directly to the people who helped build it — our employees.” — Chris Benifield, Vice President of Operations
Strengthening Industry Leadership
As an employee-owned company, Precision is uniquely positioned to attract and retain top talent in an increasingly competitive construction market. The ESOP provides team members with an additional retirement benefit while fostering a culture of shared ownership and accountability.
The company’s employee-owned status also enhances its appeal to clients who value working with teams that have a direct stake in project outcomes. This alignment of interests reinforces Precision’s reputation for reliability, quality, and long-term partnership.
Looking Ahead
Precision Concrete’s transition to employee ownership marks the beginning of an exciting new chapter while honoring nearly four decades of industry leadership. With a highly skilled workforce, proven track record on complex projects, and now an employee ownership structure, the company is well-positioned to continue serving clients across the Southeast for generations to come.
As Precision approaches its 40th anniversary in 2026, the transition to employee ownership represents the fulfillment of founder Leonard J. Moniz Jr.’s vision for a company that would thrive long into the future through the dedication and expertise of its people.
