News
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Fund for Employee Ownership Started in OH
Nov 16, 2018 | Timothy L. StewartEvergreen Cooperatives is launching the Fund for Employee Ownership aimed at supporting the conversion of existing businesses to cooperatives or ESOPs. Read More About Fund for Employee Ownership Started in OH -
As described in this St. Louis Post-Dispatch article, the owner of USA Mortgage, Doug Schukar, became concerned when some of his top producers resigned. Their reason? Employees feared the instability that comes without an announced and certain success. Read More About St. Louis-Based Mortgage Firm Answers Wake-Up Call with ESOP
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Historic Pro-ESOP Bill Signed into Law!
Aug 16, 2018 | Timothy L. StewartFor the first time in 21 years, the U.S. Congress passed a law to expand employee ownership. In particular, this law facilitates loans in ESOP transactions through the Small Business Administration (SBA). Read More About Historic Pro-ESOP Bill Signed into Law! -
NCEO “Employee Ownership Index” Outperforms S&P 500
Jul 31, 2018The National Center for Employee Ownership (the NCEO) recently reported that its Employee Ownership Index has doubled the performance of the S&P 500 in its first year of existence. Read More About NCEO “Employee Ownership Index” Outperforms S&P 500 -
On its 30th anniversary of brewing craft beer, Great Lakes Brewing Co. owners revealed to their employees that they were introducing an ESOP. Read More About What’s Brewing with ESOPs Now? Great Lakes Brewing Co. (Ohio) Establishes ESOP