Ward Lumber – Jay, NY

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Industry: Lumber Location: Jay, New York Number of employees: 50 Became employee owned: In transition Assistance: Cooperative Development Institute (CDI) Financing: Cooperative Fund of New England (CFNE)   Learn more wardlumber.com Adirondack Daily Enterprise – North Country development council unveils 11 priority projects (2019) CDI – CDI’s Business Ownership Solutions Visits the Adirondack North Country (2019)   Employee Owned […]

Democracy at Work Institute

Commonwealth Hudson Valley – Cooperative Strategies 3: Support Conversions

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From: Commonwealth Hudson Valley: In Philadelphia, city officials have teamed up with the Philadelphia Area Cooperative Alliance (PACA) to support coop conversionsalong West Philly’s 52nd Street corridor. The area has one of the densest concentrations of black-owned businesses in the city, and many of the owners are at or beyond retirement age, with no prospects of […]

Adirondack North Country Association

NPQ – Nonprofit Takes Leadership Role to Address Business Succession “Tsunami”

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From NPQ: Here at NPQ, we have noted that a business ownership succession wave—often called the “silver tsunami”—is rising. According to the nonprofit Project Equity, nationally “baby boomers own 2.34 million businesses, employ 24.7 million people, and have combined annual sales of $5.14 trillion.” Sadly, 80 percent of these businesses lack succession plans. Slowly, awareness of the looming crisis is […]

Adirondack North Country Association

Press Republican – Keeping North Country businesses alive

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From the Press Republican: More than 10,000 business owners nearing retirement in the North Country, and new ones are hard to find, but the new Adirondack North Country Center for Businesses in Transition stands ready to help. The unique collaboration of regional organizations and leaders aims to support existing business owners and aspiring entrepreneurs in […]

Railroad Avenue Supply Company – Stamford, NY

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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. […]

The Sound Co-op – New York City, NY

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Location: New York Industry: Sound Production Number of employees: 5 Became employee owned: 2019 From the company soundcoop.tv The Sound Coop – About Facebook – The Sound Coop Learn more Fractured Atlas – The Sound Co-op: Building Collective Power as Creative Professionals (2020) Employee Owned Small Businesses in New York  

L&S Printing – Queens, NY

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Location: Queens, New York Industry: Printing Number of employees: 4 Became employee owned: 2018 Assistance and financing from: The Working World L&S Printing has been a community institution in Far Rockaway for over 20 years, providing printing and computer repair services primarily to local schools and churches. Since the beginning of 2017, The Working World has […]

Random Harvest Market – Craryville, NY

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Location: Craryville, New York Industry: Grocery Number of employees: 5 Became employee owned: 2018 Assistance: The Working World From the company https://www.randomharvestmarket.com/ Random Harvest – Why a Workers Cooperative (2016) Random Harvest –  A Cooperative Adventure (2016) IMBY – Random Harvest Market is Hiring (2018) Learn more Berkshire Edge – Random Harvest Market offers area farmers, […]

Cooperation Buffalo

Fifty by Fifty – New Employee Ownership Mandate for Small Business Development Centers

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From Fifty by Fifty: Fifty by Fifty recently spoke to Andrew Delmonte, a business advisor and the social enterprise coordinator for the Small Business Development Center (SBDC) at Buffalo State College, part of the State University of New York. Delmonte has had a longstanding interest in employee ownership and cooperatives, which he brought with him […]