The coffee plant my brother works at went through an ESOP, so far it's allowed them to grow and take advantage of somethings that the family owners wouldn't go for. And as an added bonus my brother is thrilled to have all of his loading docks through the winter, when the family owned it there was always A Mercedes 300 D blocking one of the docks whenever the owners were in Florida.
We have Woodman's here in Wisconsin is also an employee owned store, they seem to be doing alright and holding their own against the folks from Arkansas. Woodman's is so darn big they have a map of the store and their selection is overwhelming- you want mustard? at least 75 varieties, they have a juice Isle that's larger then the whole beverage department at out local Walmart. So they can do okay if their leadership is active and works at maintaining what they have and growing when possible. But if the new leadership doesn't want to keep pace they will be swallowed up just like any other business.
UPS was also ESOP for years but the only shareholders were management, their Christmas bonus was paid in stock.
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Today's Featured Article - Trenching With a Plow - by Staff. Introduction: This interesting information came from one of the discussion forums here at YT. We thought we should place it up front so it could be read by anyone interested in putting old iron to work. [Editor] I tried something new today, and it worked so well I thought I should post it - in case it might help someone else. I'm running 100 yards of 4" drain pipe from the gutter downspouts of our house to a pond down the hill. This should hel
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