Illinois

Chicago enlists Project Equity in Community Wealth Building Initiative

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The City of Chicago has announced a new program that includes employee ownership as part of its community wealth building strategy. Project Equity is excited to be one of 17 organizations awarded grants to promote comprehensive growth and sustainability in the city of Chicago and its neighborhoods. The Chicago Wealth Building Initiative features employee ownership as one […]

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New Era Windows deal structure

At a Glance New Era Windows is a cooperative started by workers from the remains of their bankrupt former employer. Union organizing laid the foundation for its development and it received significant outside cooperative development support. Industry: Manufacturing (Windows) Location: Chicago Year converted: 2013 Total capital: $850,000 Annual revenue at sale date: $0 Worker-owner buy-in:

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