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Catalyzing worker co-ops & the solidarity economy

New Partnership Wants to Push Employee Ownership Closer to Mainstream

Twenty-six years later, Adams & Chittenden Scientific Glass is thriving: It has clients from all over the world and six employees besides the founders. The pair are still going strong, but they just put a plan in place for when they, too, reach “that point.” With the help of a new collaboration called Accelerate Employee Ownership, the business recently converted into a worker-owned cooperative — and the new employee-owners didn’t have to borrow $10,000 each from their parents.

Chittenden’s not planning on retiring any time soon, but after converting the business to a worker cooperative, he’s excited to share the burden of managing the business among eight people instead of two.

Read the rest at Next City

 

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