Slide 15 of 26
|
|
|
Slide 15 of 26 |
Some investor owned businesses understand the need to give the workers a larger role in the operation of the business. Merle Adams, President of Big Timberworks wanted to offer his employees a significant stake in his company. Big Timberworks specializes in timber frame construction and is one of the largest users of recycled wood in the US. To transfer ownership, Adams formed a worker cooperative where his employees are now the owners, share equally in profits, and the decision making for the company. The cooperative has 50 members, these new owners all have increased their incomes substantially and are expanding the business. This cooperative is a great example of turning employees into owners, increasing incomes, and giving people power and voice.
COPAC Home | COPAC Members| COPAC Meetings | Publications and Information | International Day of Cooperatives | Cooperative Policy and Legislation | Cooperative Development Projects | Site Map | Search
Back to Agenda