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C & I Engineering exemplifies benefits of employee ownership Dave Mann, a chemical mechanical project engineer, believes he's controlling his own destiny by being a part owner of his company. [...]

Twenty-four employees of PricewaterhouseCoopers LLP are buying the Big Five accounting firm's Columbus-based retail consulting division. Terms of the deal weren't disclosed. Tom Rubel, president and CEO of the new [...]

A majority of Batavia Metal Products Corporation's company stock has been purchased by a senior management team. The team is comprised of Arnold Keller, president and CEO, David McMullen, director [...]

Company: Beta Group Inc. Principals: Michael Grilli, chairman of the board, Frank Romeo, president Location: 6 Blackstone Valley Place, Lincoln Founded: 1982 Type of business: Engineering, science and planning firm [...]

Quick Solutions Inc., a Columbus-based information technology services provider, has implemented an employee stock ownership plan, putting ownership of the company into the hands of its 300 employees. The ESOP [...]

An Employee Stock Ownership Plan (ESOP) is a qualified retirement plan that enables employees to become beneficial owners in the company. While they've been around for years, ESOPs seem to [...]

Corella Cos. has sold its 20 percent stake in a Salisbury, Md., avionics plant to employees after bringing the former Grumman Aviation Co. operation back to life. Employment at the [...]

After rejecting an offer to buy the largest chunk of J.C. Nichols Co. stock, the trustee of the Employee Stock Ownership Trust expects interest in the firm will further boost [...]

The East Bay's Economic Development Alliance for Business is exploring the feasibility of an employee buyout of Mother's Cake and Cookies in the hopes of ensuring 500 jobs remain there [...]

The ESOP Education Forum made up of George Washington University hospital employees and physicians are negotiating with university officials in an attempt to purchase the hospital. Leader of the buyout effort Barry Wessels says that more and more employees are pledging their support for the buyout. However, university sources claim that the group lacks sufficient capital to ensure a successful buyout.

The announced buyout of Bethlehem Steel Corp.'s Bar, Rod & Wire Division by a New York City investment firm is part of a growing trend in the steel industry, which [...]

Butcher slices off a piece of Power Meat Co. in effort to buy firm and link business with giant food distributor HARMONY -- Roughly 35 years ago, the William A. [...]

A group of former Axe employees has purchased Axe-Houghton Management Inc., an insurance investment firm in Tarrytown, from USF&G Corp., a property and casualty insurer. The sale follows a lengthy [...]

Nearly 35 percent of the outstanding common stock in America West Airlines is owned by its 13,000 current and former employees, so to have a group representing the workers during [...]

DALLAS -- The Southwestern art displayed throughout Epic Healthcare Group's Dallas headquarters exhibits the West Texas heritage of the man who leads the company. In the same way, Epic's corporate [...]

Fiercely proud of his 36-year-old firm's independence, Tim Johnson has moved to secure that autonomy long-term, by selling a majority of the company to more than a dozen employees. Using [...]

Monsanto, NationsBank offer employee stock options for a wide variety of reasons Many Laser Visions Centers Inc. employees keep their eyes on the clock each afternoon. It's not that they're [...]

More companies are giving employees stock as incentives or year-end bonuses. The practice helps employees invest, but it may also make them overconfident about their retirement plans. Socking away shares [...]

Struggling Golden Aluminum Co. is looking for buyers for its recycling operations and its Swiss-based subsidiary Lauener Engineering. Karen Breen, director of investor relations for the company's parent, Golden-based ACX [...]

In early 1992, when septuagenarian Edwin 'Dubbs' Roush felt he was nearing retirement, the owner of Roush Sporting Goods in Westerville started an Employee Stock Ownership Program (ESOP). The goal [...]

Four years after employees took over ownership of Light & Power Productions Inc. in Scotia, many of the largest shareholders remain enthusiastic about the move. 'You think like an owner, [...]

One of the best-known names locally in water heaters, Bradford-White, is now owned by its non-union employees after an Employee Stock Ownership Trust purchased some of the assets from an [...]

Union Carbide Industrial Gases Inc. of Danbury has sold a majority interest in Gas Tech Inc., previously known as Linde Gases of the Midwest Inc., to employees of the company. [...]

BALTIMORE -- The Baltimore Sun announced this week that a final tally of 294 employees have accepted its employee buyout offer. Some 350 employees had accepted the plan by the [...]

Schramm sells stake in Cook ad agency Bernard Schramm, chairman of The William Cook Agency, has sold his controlling share of stock in the firm to its senior management. Cook [...]

Fleishman offers $155,000 in stock to key staff The employee-owned Fleishman-Hillard Inc. public relations firm has registered company stock worth $155,000 for sale to its key staff members. Of the [...]

Russ Maier has 5,000 problem solvers Despite the fact that relations between management and labor in the steel industry historically have been tense, Massillon-based Republic Engineered Steel's President and CEO, [...]

Avis Employees Seek To Boost Business Avis Inc Chairman Joseph Vittoria recently sat down for two days with a group of 15 industry experts -- elected representatives of the 12,700 [...]

Employee-owned Kidde finds rocky road on way to profits One year after an employee leveraged buyout, Towson-based Kidde Consultants Inc., the Baltimore area's largest engineering firm, has reduced its long-term [...]

Electro-Jet workers buy company from founder Employees at Electro-Jet Tool & Manufacturing Company Inc. last month bought the company from its retiring owner rather than risk an outside buyout that [...]