Jasper Holdings, headquartered in Jasper, Indiana, is a 100% employee-owned holding company and parent organization to a family of businesses operating across remanufacturing, distribution, and the automotive aftermarket. The company ranks as the 23rd largest Employee Stock Ownership Plan (ESOP) in the United States, with a market capitalization of $1.9 billion as of 2024 and more than $733 million in stock distributed to employees since inception. Its workforce of over 4,500 people are referred to as Associate-Owners, reflecting the company's ownership structure.
Its portfolio of member companies includes:
- Jasper Engines & Transmissions – founded in 1942, specializing in automotive engine and transmission remanufacturing
- Jasper Electric Motors
- Jasper Innovative Solutions
- Weller Truck Parts
- Diesel USA Group
- D&W Diesel
As an ESOP, Jasper Holdings provides retirement security to its Associate-Owners through both its ESOP structure and 401(k) plans. The company states a commitment to long-term growth over short-term gains and emphasizes mutual trust and respect as guiding principles between management and employees. Its stated mission is to be the brand of choice for customers while delivering rewarding careers and retirement security for every Associate-Owner.
