Maine

Bill would help retiring business owners transfer ownership to workers

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From Maine’s Portland Press Herald: NORTHPORT — In 1992, Susanne Ward and her husband, Patrick Reilley, founded Second Read Books and Coffee, Maine’s first espresso bar-bookstore. Rockland’s Main Street was a highly unlikely place for the two entrepreneurs to choose at that time, as the city was struggling with a collapsing fishing industry and many […]

New Mexico

Winning Coffee Co. Moves Towards Becoming a Co-op

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From the Weekly Alibi (pdf): Winning Coffee Co. has been an Albuquerque establishment for 20 years. It’s a daily routine for students, professors, street folks, laptop nomads and newspaper-reading, life-advice-giving old townies. It’s home to a regular pop-up bookshop (Bradley’s Books), a rotating gallery that features local artists, a punk rock open mic night, countless local […]

News

The Co-Op Economy in Maine

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From Maine Public Radio: For many people, when they hear the term ‘co-op’ they think of the local food store or maybe one of the lobster co-ops that dot the coast.  But Maine has co-ops of all sizes and types in the retail, agriculture, fisheries, manufacturing, housing, financial services and other sectors.  October is Co-op […]

News

Employees to own all Buehler’s supermarkets

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From the Akron Beacon Journal: After 88 years, Buehler’s Fresh Foods soon will no longer be owned by the founding family. But the new owners are extremely familiar with the grocery stores. The 13 supermarkets are being sold to the company’s eligible employees through an employee stock ownership program, or ESOP. A new company named […]

News

Gov. Phil Scott signs proclamation designation October as Employee Ownership Month

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From VTDigger.org: Proctor, Vt. – At a signing ceremony Wednesday, Governor Phil Scott proclaimed October as Employee Ownership Month in Vermont. The proclamation recognizes the value of employee ownership to Vermont’s economy and in creating opportunities for Vermont workers. “Employee-owned companies play an important role in our economy, bringing stability, increasing productivity and supporting local […]