Employee Owned America

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John Case


The Drumbeat

Kovatch Castings

January 14, 2020. The 200 employees of Kovatch Castings will soon be its owners through an ESOP. The Ohio firm provides casts parts to a variety of customers.

The Drumbeat

True North Networks

January 11, 2020. The owner of New Hampshire–based True North Networks is selling the company to an ESOP. The company’s 40 employees provide IT services to clients in 35 states.

The Drumbeat

Palmer Holland

January 10, 2020. Palmer Holland, a specialty chemical company headquartered in Ohio, has converted to employee ownership through an ESOP.

The Drumbeat

Andesa Services

January 8, 2020. Employees now own 100% of Andesa Services Inc. The Pennsylvania company provides cloud-based services to the insurance industry.

The Drumbeat

Georgia Theater Company

January 4, 2020. Georgia Theater Company will now be owned by its 700 employees through a newly created trust. The firm operates movie theaters at 25 locations in four states.

The Drumbeat

EoX Update

December 31, 2019. The Employee Ownership Expansion Network (EoX), in a year-end review, announced the opening of new state centers in North Carolina and Georgia, with plans in the works for centers in Minnesota, Michigan, and Florida. The group has raised more than $900,000 to date.