FOR IMMEDIATE RELEASE Belmont, New Hampshire Date: Tuesday, October 5, 2021 Contacts: Bruce Hamel – Founder of The Home Beautiful thb@home-beautiful.com Rob Brown, Director, Business Ownership Solutions, Cooperative Development Institute (207) 233-2987 rbrown@cdi.coop Tom
Ward Lumber Transitions to Employee Ownership – Becomes the Largest Worker Cooperative in the Region!
Watch the Video! A Historical Transition The employees of Ward Lumber made history recently when they purchased the 130-year-old business as a worker cooperative. The transaction marks the first employee ownership contract of its kind in the North Country
Congratulations to ANCA on grant award!
The Cooperative Development Institute is excited to congratulate the Adirondack North Country Association (ANCA) for being awarded a grant of over $1.26 million dollars from the U.S. Department of Commerce’s Economic Development Administration, supported by additional funding provided by Mastercard. The grant
News coverage of the Ward Lumber ownership transition
Thanks to North Country Public Radio that just aired a great piece about Ward Lumber’s ownership transition. Check out https://www.northcountrypublicradio.org/news/story/43724/20210507/employee-ownership-can-prevent-job-losses-and-closures-when-north-country-business-owners-retire There were also pieces in the Peru Gazette, LBM Journal, HBS Dealer and Northeastern Retail Lumber Association (three industry groups), Adirondack
Ward Lumber Transitions Ownership to Employees
You can also watch this short video that tells the ownership transition story: Ward Lumber Transitions to Employee Ownership FOR IMMEDIATE RELEASE Contacts: Rob Brown, Director, Business Ownership Solutions, Cooperative Development Institute (CDI) (207) 233-2987 or rbrown@cdi.coop Alex Pond, Worker-owner, Ward Lumber (518)
De-stigmatizing Manufactured Housing Communities
By Jeanee Wright – NEROC Housing Specialist October is Anti-Stigma month. I had no idea of that fact when I was asked to sit on a panel at the 2019 Maine State Housing Authority Conference on Affordable Housing held recently
NEROC Staff Successfully Enables Massachusetts and Rhode Island Residents to Take Community Ownership
Residents of three manufactured home communities had a lot to celebrate in July as they took ownership of the land beneath their communities, securing affordable housing for their families. On July 24, the residents of Arbor Mobile Home Park and
CDI’s Business Ownership Solutions Visits the Adirondack North Country
This summer, BOS program director Rob Brown spent a week in New York’s North Country region presenting at a series of events organized by the Adirondack North Country Association (ANCA). ANCA is an independent non-profit organization working to build dynamic
Town and Country Estates Becomes ROC USA’s 200th Co-op
Homeowners in the 212-home Town and Country Estates mobile home park took a big step toward securing their financial futures when they collectively bought their neighborhood as a resident corporation last week. The Town & Country Kingston Estates Cooperative Corporation
Employee Ownership Helps Family-Owned Businesses Plan Ahead
Family-owned businesses don’t often stay family-owned for long. Not many businesses have a strong succession plan, and family-owned businesses are no exception. Most are unlikely to remain family-owned as a 2014 study found. 56 percent of family business owners are