Watch the Video! A Historical Transition The employees of Ward Lumber made history recently when they purchased the 130-year-old business as a worker cooperative. The transaction marks the first employee ownership contract of its kind in the North Country
Congratulations to ANCA on grant award!
The Cooperative Development Institute is excited to congratulate the Adirondack North Country Association (ANCA) for being awarded a grant of over $1.26 million dollars from the U.S. Department of Commerce’s Economic Development Administration, supported by additional funding provided by Mastercard. The grant
News coverage of the Ward Lumber ownership transition
Thanks to North Country Public Radio that just aired a great piece about Ward Lumber’s ownership transition. Check out https://www.northcountrypublicradio.org/news/story/43724/20210507/employee-ownership-can-prevent-job-losses-and-closures-when-north-country-business-owners-retire There were also pieces in the Peru Gazette, LBM Journal, HBS Dealer and Northeastern Retail Lumber Association (three industry groups), Adirondack
Ward Lumber Transitions Ownership to Employees
You can also watch this short video that tells the ownership transition story: Ward Lumber Transitions to Employee Ownership FOR IMMEDIATE RELEASE Contacts: Rob Brown, Director, Business Ownership Solutions, Cooperative Development Institute (CDI) (207) 233-2987 or rbrown@cdi.coop Alex Pond, Worker-owner, Ward Lumber (518)
From no changes to big changes, cooperative businesses center timeless values in rural communities
CDI is excited to embrace Spring with the announcement of two new cooperative conversions! We are proud to add the Railroad Avenue Supply Company and Insource Renewables to our strong network of locally owned and controlled businesses across the Northeast!