veoc event
Seventh Annual Vermont
Employee Ownership Conference Draws Record Attendance
"An informative and inspiring day."
"I love the spirit of employee ownership in Vermont and enjoyed being among such a dedicated group."
"Very informative for a small company deciding on: (1) do we want employee ownership; and (2) if yes, an ESOP or a co-op."
"This was my first VEOC conference and I really enjoyed it. The content was very solid and the speakers were great. I will be back!"
These are just some of the quotes we received from the nearly 180 people who attended the Seventh Annual Vermont Employee Ownership Conference on June 5th in Burlington.
The full-day conference featured 14 workshops covering a range of topics from employee ownership basics to culture and management issues.
Click here to view photos of the event and download presentations and remarks.
Thank you to all of the speakers and attendees for making the Seventh Annual conference our best yet. We look forward to seeing you again next year!
employee ownership in the news
Chroma Technology Introduces New Subsidiary
Employee-owned Chroma Technology Corp. has launched a new, wholly-owned subsidiary. 89 North, located in Burlington, VT, will leverage resources from the area including the University of Vermont and the Vermont Center for Emerging Technologies to develop innovative products for the life science imaging market. Their initial focus will be on high-power light sources for fluorescence imaging, and they will immediately take over sales and support for the Photofluor II, Chroma’s metal halide-based light source.
"We’ve long wanted to diversify Chroma and our product line," says Chroma president Paul Millman. "Diversification will not only help insure Chroma's future but it will also expand the community of employee-owned companies in Vermont. As you know both Senators Leahy and Sanders are strong supporters of employee ownership. Most recently Senator Leahy demonstrated his support by obtaining significant financial support for the work of the Vermont Employee Ownership Center."
Click here for more information.
employee ownership in the news
Pizzagalli Construction Becomes 100% Employee-Owned
Pizzagalli Construction Company of South Burlington, VT, has announced that its ESOP has purchased all remaining shares of the company, making Pizzagalli 100% owned by the employees.
The Pizzagalli brothers wanted to transition ownership to the people who played a part in the growth and success of the company. With employees leading the way, they were reassured that the same values and dedication that have served Pizzagalli in the past would continue well into the future.
Pizzagalli's gradual transition of ownership began in 2000 with the establishment of the Employee Stock Ownership Plan. On January 1, 2007, the ESOP purchased all the remaining shares of Pizzagalli stock owned by Jim and Angelo Pizzagalli. Then on April 2, 2009, all other remaining shares were purchased by the ESOP.
Click here for more information.
employee ownership in the news
Three Employee-Owned Companies Named
Best Places to Work in Vermont
Three employee-owned companies are among the honorees for the annual "Best Companies to Work for in Vermont" award. Resource Systems Group (RSG) was named in the small/medium sized company category. Gardener's Supply Company and King Arthur Flour Company were named in the large company category.
The award is presented by Vermont Business Magazine in partnership with Vermont Chamber of Commerce, Society for Human Resource Management-Vermont State Council, Vermont Department of Labor, the Vermont Department of Economic Development and Best Companies Group.
Click here for more information.