As COVID-19 spreads across the country, we know that your health and the health of your fellow employee-owners is your top priority. And we know you are also concerned about the health of your ESOP. Will it be there as a resource for those who need it most in the times ahead? The Menke Group…
March 16th, 2020 Skyline Construction Enterprises, a San Francisco-based, 100% employee-owned commercial general contractor specializing in commercial interiors, has acquired Seattle’s Unimark Construction Group and its tenant services sister company Servicemark. These acquisitions give the Skyline Group a major foothold in the Pacific Northwest—a key component of their nationwide expansion plan, according to the company’s…
The Texas-based Basden Steel group of companies have been providing fabrication and erection operations for the commercial construction industry since 1985. They have built everything from schools to casinos to arenas to military facilities. On January 1, 2020 Basden Steel built a new legacy by turning its 450 employees into owners through the sale of…
March 9th, 2020 SRC Holdings Corp., which is the oldest employee-owned remanufacturer to original equipment manufacturers in North America, was recently awarded the 29th annual Txemi Cantera International Prize in Bilbao, Spain. This award is given to organizations in recognition of their support for their workers and reinforces the values of cooperation, solidarity, participation, and…
Socialism and communism developed as a reaction to the concentration of ownership and the abusive labor practices that developed in the early stages of capitalism. However, after nearly a century of conflict between these two competing economic systems, a century that witnessed two world wars and a protracted cold war, we have seen in the…
March 4th, 2020 In 2010, Bob Moore, founder of the whole grain flours and cereals company Bob’s Red Mill, celebrated his 81st birthday by giving his employees the gift of ownership. Ten years later, the Bob’s Red Mill ESOP is going strong with roughly 600 employee-owners—three times the number they had when the ESOP began—and…