Archive for July 2020
History of NCEOC
The North Carolina Employee Ownership Center officially incorporated in May 2019. Its founding board is comprised of leaders who have spent the past several years promoting employee ownership in North Carolina. As far back as 2014, The National Center for Employee Ownership (NCEO) began promoting the development of state employee ownership centers throughout the country.…
Read MoreNorth Carolina Employee Ownership Center Partners with City of Durham on Legacy Business Preservation Program
Durham, NC – May 7, 2020 – The North Carolina Employee Ownership Center (NCEOC) is partnering with the City of Durham on a project to protect Durham-based minority-owned legacy businesses. The NCEOC provides education and assistance around Employee Stock Ownership Plans (ESOPs), worker cooperatives, and Employee Ownership Trusts (EOTs) as strong business exit options that…
Read MoreNorth Carolina Employee Ownership Center Launches
New Resource To Help Baby Boomer-Owned Businesses With Succession Planning Durham, NC – September 10, 2019 – As an entire generation of Baby Boomer business owners look towards retirement, a group of partners has launched a valuable new resource: the North Carolina Employee Ownership Center (NCEOC). The NCEOC provides education around Employee Stock Ownership Plans…
Read MoreQuaintance-Weaver now an employee-owned company
Quaintance-Weaver Restaurants and Hotels has become employee-owned, a move that company founders believe will prove advantageous for staff members. Read More Here…
Read MoreDoubleRadius Announces 100% Employee-Ownership Plan
It’s the evening of Dec. 12th, 2017, and all of our staff are gathered for a special dinner, with a rather mysterious announcement looming in the air… As we all sit at our tables, eager to learn the news, a brief introduction is made by one of our founders. Then a slide presentation begins to play. As we…
Read MoreNorth State Steel, Inc. Transitions to a 100% Employee Owned Company
Tom Trevathan of North State Steel Inc. is pleased to announce that North State Steel has transitioned to a 100% Employee Owned Company effective June 18, 2018. Tom will remain active in day to day operations as CEO, and will continue to bid new projects. Read More Here
Read MoreButcherJoseph & Co. Advises Mann Media Inc. on Sale to Employees
ButcherJoseph & Co. served as the exclusive financial advisor to Mann Media Inc., doing business as Our State magazine, on its sale to The Mann Media Inc. Employee Stock Ownership Plan (“ESOP”). Headquartered in Greensboro, NC, Our State is a monthly publication featuring travel and history articles and photographs about North Carolina people, places and events. The transaction officially closed February…
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