Timber Homes is an 8-person custom construction company structured as a member-owned LLC in Vershire, Vermont. The company transitioned to a cooperative form in 2016 after one of two founders exited, in order to ensure the business would continue in the case of future exits. Before the legal transition, there was already a culture of cooperative ownership, including profit sharing.
Location: Vershire, Vermont
Number of employees: 8
Became employee owned: 2016
Assistance: Vermont Employee Ownership Center
Financing: Cooperative Fund of New England
From the company