Hardware – Becoming Employee Owned

Railroad Avenue Supply Company – Stamford, NY

Posted on January 16, 2019February 4, 2020

Location: New York Industry: Hardware Number of employees: 6 Became employee owned: 2018 Assistance: Cooperative Development Institute (CDI) Financing: Cooperative Fund of New England (CFNE) Railroad Avenue Supply Company is a 6-person Ace-affiliated hardware store in Stamford, New York. The owner decided to sell to employees because it would keep the store open and maintain jobs. […]

Island Employee Cooperative – Deer Isle, ME

Posted on June 17, 2014March 3, 2019

Island Employee Cooperative is a 60-employee worker cooperative on Deer Isle in Maine. The cooperative includes three retail stores selling groceries, hardware, variety goods, and gas. The retiring owners decided to consolidate their three enterprises and sell to employees in order to maintain jobs on the island, and ensure that goods and services remained available […]