Articles written by Brian Depew


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  • What if the workers owned it? Especially in rural areas

    BRIAN DEPEW, Center for Rural Affairs|Updated Mar 30, 2017

    The owners of a mid-sized manufacturing plant in a nearby small town were ready to retire, but no one in the next generation was interested in taking over. The plant was sold to an out-of-state buyer with no local ties. The business was profitable, but the new owners chose to merge operations and close the local plant. The story is familiar in small towns. Is there an alternative? I think so. Worker-owned co-ops and employee stock ownership plans could offer another path forward for these businesses. Rural people have a long...