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Progress Pays: Shared Ownership for Everyone at LayerZero Power Systems

•By Ryan Fenik

LayerZero Power Systems associate operating a press brake machine in the Ohio manufacturing facility.
An associate fabricates precision metal components inside the LayerZero Power Systems Ohio facility.

Progress Pays at LayerZero

At LayerZero Power Systems, every one of us plays a role in building the company’s future. Progress Pays reflects that belief by granting every eligible employee an ownership stake in the company. Not something reserved for leadership, but something shared across our entire company. This program includes more than 400 employees, from full-time and part-time to hourly and salaried, across our Aurora and Streetsboro, Ohio, facilities, reinforcing that the value we create together belongs to all of us. The reliability our customers depend on comes directly from the drive, expertise, and ownership mindset we bring to our work every day. Progress Pays recognizes that contribution by ensuring we all share in the long-term success we help build.

Ownership That Connects Our Work to Our Future

Progress Pays grants each of us participation in a shared ownership pool tied to LayerZero’s long-term enterprise value. This ownership stake is provided to employees because of the role we play in building, supporting, and advancing the company. As LayerZero continues to grow, expand its capabilities, and serve new customers, we share in the value created through our collective efforts. Whether we are designing advanced 4-pole static transfer switches, assembling power distribution units, managing materials, or supporting operations, our work directly contributes to the performance and reputation of LayerZero Power Systems. Progress Pays reinforces that connection. It ensures that as we strengthen our company, we strengthen the value of something we all share. This approach reflects a simple truth: our long-term success is built by the people who show up every day and do the work that keeps our customers’ critical systems running.

Strengthening Our Commitment to Northeast Ohio

Progress Pays comes at a time when we are continuing to grow our presence in Northeast Ohio. Our ongoing expansion in Streetsboro will add 120,000 sq. ft. of manufacturing and engineering space, supporting increased production and innovation as demand rises across AI infrastructure, data centers, and industrial markets. This growth creates new opportunities, not just for the company, but for all of us. By granting ownership broadly across our workforce, LayerZero is reinforcing its commitment to building long-term careers and strengthening the manufacturing community in the region we call home.

A Culture Built on Shared Accountability

Ownership changes perspective. It reinforces that what we build, how we perform, and how we support one another directly shape our shared future. Progress Pays strengthens the culture that has defined LayerZero since its founding. One built on accountability and a commitment to our work and doing things the right way. Every product we complete, every system we test, and every problem we solve contributes to something larger. We are building a company that we all have a stake in.

Building Our Future Together

Since 2001, LayerZero Power Systems has grown through innovation, discipline, and the dedication of its people. Progress Pays ensures that as we continue to expand, invest, and serve customers around the world, we do so together with shared purpose and shared ownership.