New Roots Cooperative Farm purchases farmland FOR IMMEDIATE RELEASE January 20, 2022 CONTACT: Omar Hassan, 207-319-6261, newrootscooperativefarm@gmail.com Lewiston, Maine — Today, Jabril Abdi, Mohamed Abukar, Batula Ismail, and Seynab Ali, the four farmers of New Roots Cooperative Farm in Lewiston, purchased the 30-acre former dairy farm that New Roots has been leasing for the past
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 Daily Enterprise, Sun Community News, Press-Republican, and New York Almanack. We’re also excited that the
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) 483-8888 ext. 430 or receiver6@wardlumber.com Audrey Schwartzberg, Communications Associate, Adirondack North Country Association (ANCA) (518) 891-6200
Maine residents are stepping up to talk about programs, services, and justice platforms—especially how to organize cooperatives to meet their needs.
For Tax Day this year, we published a Co-op Cathy column that answered the questions “What is the maximum dividend rate that co-ops can offer on preferred stock?” and “What are the implications of issuing preferred stock vs. raising capital through member or supporter loans?”. The responses were written by Margaret Bau, Cooperative Development Specialist
Meet Cathy, the Cooperative Development Institute’s new answerwoman! She can take on any co-op questions you might have, big or small. Today we address the questions: “How can co-ops benefit immigrant/New American workers?” See all of Cathy’s answers and ask your own on her home page. This blog post was written by Jonah Fertig, cooperative
Why I Love Living in a Resident Owned Cooperative by Joanna Jackson, Medomak Mobile Home Cooperative, Waldoboro, Maine — published by Lincoln County News, October, 2015 Being a member of a resident owned co-op has been life changing for me. There all kinds of co-ops you have heard about: food co-ops, garden co-ops, bank co-ops, but there is
Shelburne, Vt. – Homeowners at Shelburnewood Mobile Home Park took a big step forward toward securing their financial futures when they collectively bought their neighborhood as a residents cooperative today. For 10 years, Shelburnewood residents have lived in a state of uncertainty about the future of their neighborhood and their homes. In early 2005, residents
Our friends at Cooperative Maine are helping put together an inspiring one-day conference, “Creating and Sustaining Vibrant Local Economies in Maine” on March 22 (this Saturday), 9 AM-4 PM, Randall Student Center, Augusta. We like the goals for the day! Goals for the Day (1) What are Vibrant Local Economies in Maine now (find out
The Greenhorns, an organization dedicated to promoting and supporting young farmers, has published a guidebook for Cooperative Farming: Frameworks for Farming Together by Faith Gilbert. CDI’s Lynda Brushett was a contributing author. “Compiled from 42 interviews with farmers and professionals, this is a how-to handbook on structuring and operating a group venture.” There is plenty
