In 2002, an Employee Stock Ownership Plan (ESOP) was formed and the company was purchased from Sam Holloman. The company became Holloman Corporation and 100% employee owned. Several acquisitions followed. In 2003, Holloman purchased TW Cook Engineering and consolidated with Holloman’s own engineering division which was originally formed in 1992. Holloman Engineering LLC was created and shortly thereafter in 2004, the acquisition of L&P Pipeline and Construction of Ganado, Texas followed.