From the Morehead News: More than 26,000 Kentucky businesses, employing more than 300,000 people, are owned by baby boomers, many of whom have not identified the next generation of ownership and could be at risk of closing their businesses when they retire. Transitioning to a form of employee ownership could keep these businesses thriving and […]
From the Courier Journal A new type of business is popping up in Louisville and throughout the commonwealth that could serve as a useful tool in combating some of these issues and creating more equality of opportunity in non-traditional ways. In 2012, the Kentucky General Assembly passed the Uniform Limited Cooperative Association Act, creating a […]
From The Manchester Enterprise: More than 26,000 Kentucky businesses, employing more than 300,000 people, are owned by baby boomers, many of whom have not identified the next generation of ownership and could be at risk of closing their businesses when they retire. Transitioning to a worker-owned cooperative or other form of employee ownership could keep […]
Industry: Food and Beverage, Energy Location: Louisville, Kentucky Number of employees: Became employee owned: 2019 Learn more www.fullstopstation.com Louisville Scoop – Everything you need to know about Full Stop Station (2019) Insider Louisville – Full Stop Filling Station seeks ‘a better way’ with bio-diesel, craft coffee and a democratic co-operative (2019) The Coffee Compass – Full Stop Station […]
From Scholars Network: Co-ops are run by the community members who work there. Each worker has one vote and one share. The co-op provides an ownership interest, which is a means of reducing wealth inequality, and provides decision-making power, which is a means to keep work and resources in the community. Ideally, co-ops economically revive […]
From Kentuckians for the Commonwealth University of Louisville Brandeis School of Law featured Dr. Jessica Gordon Nembhard, Professor Ariana R. Levinson and Sadiqa Reynolds for a lunch time panel discussion about cooperatives. Dr. Gordon Nembhard is an expert on the history of black-owned cooperatives. Her book, Collective Courage, is a groundbreaking study of the history of African American owned cooperatives. Prof. Levinson […]
Industry: Farm Equipment Location: Hopkinsville, Kentucky Number of employees: 275 Became 100% employee owned: 2014 Learn more Farm Equipment – [Podcast] Our Dealer Story: H&R Agri-Power (2019) Farm Equipment – Exploring the Possibilities of Employee Stock Ownership Plans (2015) Precision Farming Dealer – Dealers Experienced in Employee-Owned Stock Ownership Plans (ESOPs) to Present at 2015 Summit (2014) Employee […]
Industry: Architecture Location: Louisville, Kentucky Number of employees: 118 Became 100% employee owned: 2012 Learn more www.luckett-farley.com Luckett & Farley – All Employees are Also Owners at Luckett & Farley Luckett & Farley – Kentucky’s Largest Architectural & Engineering Firm Creates Wealth For Its Employees (2012) Employee Owned Small Businesses in Architecture Employee Owned Small Businesses in […]
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