Switchback brewery goes ESOP!
On February 8th, the news officially broke that Burlington-based Switchback Brewing Company has been sold to its employees as an 100% Employee Stock Ownership Plan (ESOP), making it the 7th brewery in the country to choose that path.
Elias Gardner: Reflections on the 2016 Worker Cooperative National Conference
Elias Gardner of The New School of Montpelier reflects on the Worker Cooperative National Conference in Austin, TX.
Welcoming Vermont’s Newest ESOP: Heritage Aviation
The Vermont Employee Ownership Center is excited to announce that Heritage Aviation became a member of Vermont's community of employee-owned companies on January 1, 2016!
Welcoming Vermont’s Newest, and Largest, Worker Co-op: The New School of Montpelier!
After more than a year of conversations with staff, meetings with experts, and negotiations with financial institutions, we're excited to announce the completion of the conversion of the New School of Montpelier into a worker co-op!
Vermont Computing Converts to a Worker Co-op with Help of VEOC's Loan Fund!
This afternoon, our Board President Dunbar Oehmig of Red House Building signed the check for the very first loan made by our Vermont Employee Ownership Loan Fund!
Chelsea Green Publishing becomes Employee-Owned
Independent book publisher Chelsea Green announced that it has become an employee-owned company, with close to 80 percent of its stock to be held by its employees.
Physical therapists form new employee-owned cooperative
As a collective body of owners, PT360 knew it wanted a different business model than the practices its owners had worked for - specifically sole proprietors, large national corporations, hospital-based outpatient clinics, and physician-owned practices.