Employees are expected to vote soon to approve the sale of New Belgium Brewing (maker of Fat Tire beer and other brands), the fourth-largest craft brewery in the U.S. and the largest ESOP-owned craft brewery, to Lion Little World Beverages, a subsidiary of the Japanese beverage giant Kirin.
Annual elections for the board of directors of the National Center for Employee Ownership (NCEO) will take place in January, and members in good standing are invited to nominate themselves or other members during the nomination window, from now until December 13.
The Michigan Democratic Caucus announced a bill (H.B. 5202) that would provide tax incentives for employee ownership, and a second bill (H.B. 5201) would direct the state to develop a program to assist in developing employee-owned businesses.