News

In These Times – Amid “Constitutional Crisis,” Bernie Sanders Urges Workers To Seize Means of Production

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From In These Times (pdf): “…two bills introduced to relatively little fanfare Thursday. The first, the WORK (“Worker Ownership, Readiness and Knowledge”) Act, would direct more than $45 million in funding to state-level employee ownership centers, aimed at providing training and technical assistance to current and prospective worker-owners. A second piece of legislation would establish […]

News

Stevens Point City Times – North Wind Renewable Energy Transitions to Employee-Owned Cooperative

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From the Stevens Point City Times:North Wind Renewable Energy has announced the company is now an employee-owned cooperative.  The transition for the 10-year-old company took place April 1.In 2016, North Wind installed over 660 kilowatts of solar power at more than 40 homes and businesses in Wisconsin, helping customers save money on utility bills and transitioning to clean energy […]

Maine

Forbes – Entrepreneurs Looking To Exit, Your Employees May Be Your Buyers

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From Forbes: Twin threats to economic growth and prosperity can both be addressed by increasing employee ownership, according to Camille Kerr, Co-Director, of Workers to Owners at Democracy at Work Institute. The first problem, she explains, is the aging baby boomer generation of entrepreneurs and business owners. “Right now, the United States is in an ownership crisis. […]

Maine

Going Co-op Employee Ownership Sustains Business Legacy

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From the Island Institute: The effort to sustain our communities and their economic and civic life for future generations scored a significant victory recently on Deer Isle. The employees of three retail businesses—Burnt Cove Market, V&S Variety and Pharmacy, and The Galley market—became concerned when word circulated that the owners were thinking about selling the […]

Cooperative Fund of New England

VT Digger – Employees Purchase The New School Of Montpelier From Founder As A Worker Cooperative

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From VT Digger: The employees of The New School of Montpelier (NSM) in Vermont have purchased the school from its founder and will be operating it as the state’s largest worker cooperative. Founded in 2005 by Susan Kimmerly, the NSM serves students ages 6 – 22 with intensive disabilities; primarily children and young adults with autism, cognitive disabilities, and […]

Cooperative Development Institute

Pacific Standard – Buying Out Your Boss: Worker Cooperatives Are the Future of Small Business

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From the Pacific Standard:  The recent Market Basket strike — 25,000 employees from 71 stores — was characterized by a Boston Review– and MIT Sloan-sponsored roundtable as The Summer of Market Basket. Unlike the summer’s other labor dispute to gain notoriety, fast food workers protesting for higher wages, the Market Basket strike seemed like a radical departure from a […]