July 1, 2016

Recent Media Coverage of Employee Ownership

Executive Director

A June 25 article in the New York Times featured employee ownership at King Arthur Flour, noting its growth, culture, and ability to attract workers.

The South Dakota television station Keloland Television produced a 2-minute news video about employee ownership and Showplace Wood Products, a 550-person ESOP-owned company.

An online article at Forbes.com looks specifically at employee ownership in manufacturing companies and discusses the story of NewAge Industries, an ESOP company in Southampton, Pennsylvania. The article quotes company president Ken Baker: "If you are going to make something while facing global competition, it just can't be management's job to reduce scrap or to be more productive, you need every rank-and-file person in your company to be rowing in the same direction."

The Wall Street Journal covered the uses of ESOPs in a June 16 article.