Bandit

Bandit completes ESOP sale to employees

Bandit Industries, a manufacturer of horizontal grinders and other wood recycling and processing equipment, has finalized its transition to a 100 percent ESOP (employee stock ownership plan) company. Former owners Mike Morey Sr., Dianne Morey…



WTD Equipment joins Bandit’s dealer network

Bandit Industries said WTD Equipment has joined its growing dealer network to supply hand-fed chippers and stump grinders to the Pacific Northwest with two locations, in Portland, Ore., and in Monroe, Wash. “WTD Equipment has…


Bandit to be sold to employees

After two attempts to sell family-owned Bandit Industries, Mike, Dianne and Jerry Morey said they will sell 100 percent of the company to their employees in an employee stock ownership plan (ESOP). Under the ESOP,…