News
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According to the Boston Globe, the Massachusetts Office of Business Development is spending $150,000 to employ two consulting groups to travel the state and “preach the gospel of employee ownership.” These groups will attempt to reach many of the Sta Read More About Massachusetts Renews Commitment to Employee Ownership Center
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PlanAdvisor.com urges retirement plan advisors to learn more about ESOPs and join the ESOP community as a business development opportunity. Read More About Attention 401(k) Plan Advisors: Learn about ESOPs!
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The State of Colorado is providing incentives and education to businesses considering using ESOPs in their succession planning. Read More About Colorado Aiming to Promote Employee Ownership Model
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Another Community Bank Forms ESOP
Mar 11, 2019 | Timothy L. StewartNearly 100 employees working at RiverWood Bank have a new stake in their company. In the past several months, the company serving nine cities in north central Minnesota has launched an employee stock ownership plan, or ESOP. Read More About Another Community Bank Forms ESOP
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California Ceramics Company Goes ESOP
Jan 29, 2019 | Timothy L. StewartIconic California ceramics company, Heath, considered several options before determining that selling part of the Company to its employees using an ESOP was the best option. Read More About California Ceramics Company Goes ESOP