New Prairie Construction is a 25-employee general contractor in Urbana, Illinois, with a special focus on historic restoration and green building. The two owners of the 30-year old company transitioned to a worker cooperative in order to pursue retirement and legacy goals, seeing a cooperative as the best path for the company to retain employees and its values in the long term. One owner will stay on as a member of the cooperative, and sees shared ownership model as continuation of the smart and inventive solutions employees demonstrate in their everyday work.
Industry: Construction
Location: Urbana, Illinois
Number of employees: 25
Became employee owned: 2018
Assistance: ICA Group
Learn more
- New Prairie Construction
- ICA – New Prairie Construction Becomes Worker-Owned Cooperative
- New Prairie Construction We’ve Got Super Exciting News to Share