100% ESOP owned G&T Industries, which is headquartered in Byron Center, Michigan has acquired substantially all the assets of Crane Interiors, Incorporated of Woodbury Tennessee. G&T is a multi-faceted manufacturing/distribution company which has been in business since 1954 serving the furniture, medical, packaging, military, and marine marketplaces. Crane Interiors has operated as a marine sewing/upholstery business for over 40 years, and under its current ownership structure since 1984. The business (Crane) moved from Nashville to the current location in Woodbury Tennessee in 1989.
Read MoreChuck & Don's, the pet-supplies store, is adding a 40th store in January, at 50th and France Avenue in Edina. Chuck & Don's is adding a small shop of 2,300 square feet, which includes a pet-grooming studio, its third. The store also will sell a limited selection of pet food and other products.
Read MoreMoore Engineering and its employee owners donated $10,600 to the Great Plains Food Bank as part of the company's month-long celebration of employee ownership. The donation will supply over 25,000 meals to a family of four.
Read MoreSummit, NJ: The principals of Pilot Hill Advisors through its broker/dealer Corporate Finance Associates are pleased to announce that World Travel, Inc., a travel management company, has recently completed a sale of stock to its newly-formed ESOP.
Read MoreWorld Travel Inc. established an employee stock ownership paln. A message sent Thursday to customers from chairman James Wells credited World Travel's employees for the company's growth into "one of the top travel management companies in the world without aquisitions."
Read MoreMINNEAPOLIS — Twin City Die Castings Co., a full-service aluminum and magnesium die casting provider that has been family-owned for nearly 100 years, announced Tuesday that it will become employee-owned.
Read MoreNew York State has passed the Promoting Employee-Owned Businesses Act (PEOBA) that creates an advisory panel to consider how the State should support employee ownership in the future. This bill is a significant step forward in the employee ownership movement, creating policy in New York that helps transition existing, healthy businesses to employee ownership. Our efforts to support employee ownership not only furthers the cause of workers' rights and economic democracy, but also helps retiring business owners, local communities and the state's bottom line. Democratize the Enterprise is very proud and excited to see this legislation move forward.
Read MoreLong-time foodservice company makes itself open to ownership by employees.
Read MoreINDIANAPOLIS, Nov. 21, 2017 /PRNewswire/ -- BSA LifeStructures, a nationally recognized architecture and engineering firm, announced today that the company is transferring beneficial ownership, becoming a 100% ESOP (Employee Stock Ownership Program).
Read MoreThe owners of Chuck & Don's, the growing Twin Cities pet-supplies chain, are gradually turning over control of the fast-growing pet-supplies retailer to employees.
Read MoreThe DOL alleged in all three cases that the firm approved transactions without undertaking the due diligence required of an ERISA fiduciary.
Read MoreTwo Portland-area businesses have joined the growing ranks of companies owned by their employees.
Read MoreWith over a quarter of a billion dollars in annual sales, Inland Seafood employees are empowered to reach even further.
Read MoreWisconsin-based company sold 100 percent of shares into Employee Stock Ownership Plan.
Read MorePresident Donald J. Trump today announced his intent to nominate Preston Rutledge of the District of Columbia to be an Assistant Secretary of Labor, Employee Benefits Security Administration.
Read MoreHubbard's Hardware will become part of employee-owned Dazey's Supply January, 2, 2018.
Read MoreThose who labor solely as wage earners all their working lives can never match the financial security that can be gained through long-term participation in an ESOP.
Read MoreEmployee Stock Ownership Plans, or ESOPs, are a way for employers to ensure that their workers have a personal stake in the success of the business.
Read MoreThere are new owners of the 13 Buehler's Fresh Foods supermarkets in Northeast Ohio. And if you've shopped at the stores, you may have seen some of them.
Read MoreMFM Building Products, based in Coshocton, Ohio, is now an ESOP (Employee Stock Ownership Plan) company as of July 1, 2017.
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