MT. CARMEL, IL — Today, Mt. Carmel Stabilization Group, Inc. looks toward the future with greater optimism as we transition to an employee-owned company.  We are now Employee Owned & Union Strong — Going Higher Together.  Mt. Carmel’s Employee Stock Ownership Plan (ESOP) is registered with the National Center for Employee Ownership, who has certified Mt. Carmel Stabilization as a Minority-Owned Diverse Supplier.

For over 100 years, Mt. Carmel Stabilization Group has built a reputation as the nation’s number one soil stabilization contractor.  This step marks the next phase in our long legacy.  We are proud to share with our customers that this transition will strengthen our team, our process, and our passion for delivering the highest level of craftsmanship and exceptional customer service for the next 100 years.

“Mt. Carmel Stabilization Group traces its history to 1918 in Wabash County, Illinois. As we considered partners for the future, our highest priority was ensuring that the company would continue to grow for the next 100 years while keeping our headquarters right here in Southern Illinois. North Coast Holdings shares that vision. They bring the strength, long-term commitment, and resources needed to support continued growth for our employees, their families, and our customers. We are thrilled with this new chapter and look forward to building on a century of success as an employee-owned company.”

        – Neil Ryan, President, Mt. Carmel Stabilization Group, Inc.

On November 11, 2025, leaders from North Coast Holdings (NCH) visited Mt. Carmel to formally welcome us into the NCH family. Their visit underscored a shared commitment to long-term growth and affirmed their confidence in the people, processes, and culture that have made Mt. Carmel Stabilization Group the industry standard. During their time with us, NCH leadership highlighted the strength of our field teams, the scale of our fleet, and the operational discipline required to complete more than 600 projects each year. Their support ensures we remain well-positioned for continued growth and stability for decades to come.

“When NCH had the opportunity to welcome Mt. Carmel into our portfolio of ESOP companies, it was immediately clear that our cultures and values were closely aligned. As employee-owners, we are committed to investing in our people, delivering exceptional value to our customers, and strengthening the industries and communities we serve. We look forward to partnering with the exceptional team at Mt. Carmel and providing the resources and support that will fuel their continued growth well into the future.”

       – Leslie Kass, CEO, North Coast Holdings

This milestone belongs to the men and women who show up every day committed to doing the job right.  Their pride in the work they perform drives our success.  Every employee at Mt. Carmel plays a vital role—our operators, teamsters, mechanics, project teams, and support staff all contribute to the strength and growth of our company.  And when Mt. Carmel grows, it means more work, more hours, and a stronger future for all of us.

The combined strength of our union workforce and our employee owners reinforces our long-term commitment to our customers and ensures Mt. Carmel remains the industry leader for generations to come.  We invite our partners and customers to join us as we continue building the next century of excellence.

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