Hurricane Ian Response: Please be advised that we are prepared to respond to post-storm requests as soon as it is safe to do so. 

Posted: November 21, 2019

In this Marketplace interview, Davey's Sandra Reid, vice president, corporate communications and strategic planning administration, discusses the importance of employee ownership after a well-known, employee-owned U.S. beer company sold.

One of the biggest names in craft beer, Colorado’s New Belgium Brewing, said Tuesday it is selling the business to a subsidiary of Japanese beer maker Kirin. That brings to an end one of the most well-known examples of an employee-owned company in the United States.

The maker of Fat Tire ale switched to all-employee ownership in 2012 through an arrangement called an employee stock ownership plan, basically an employee-owned trust that holds the company’s stock. Only about 6,000 companies in the U.S. are owned by their employees in this way. And while the total number of companies like New Belgium has dipped slightly over the last decade or so, there are more workers in those employee-owned companies than about 10 years ago, according Loren Rodgers with the National Center for Employee Ownership.

To read more, click here.

The Davey Tree Expert Company, established in 1880 and headquartered in Kent, Ohio, provides research-driven tree services, grounds maintenance and environmental consulting for residential, utility, commercial and environmental partners in the U.S. and Canada. With 11,000 employees, Davey Tree is the eighth largest employee-owned company in the U.S.

Other News Posts

Sam 2652
Davey In The News

Weathering Water Restrictions: How to Save Your Landscape From the Effects of Drought

In this article, Chris Fields-Johnson, technical advisor at the Davey Institute, discusses caring for your landscape during a drought.
Read More
Dsc 8563
Davey In The News

2 The Outdoors: Damage to New York's trees starting to take its toll

In this WGRZ article, Tom Anderson of Davey’s Buffalo office talks about beech leaf disease and how to deal with it.
Read More

Get In Touch With Us!

We pride ourselves at Davey Tree on providing prompt, professional and personalized service from certified arborists that live, work and engage in your community. Contact one of our Davey Tree specialists for your residential, commercial, utility, or environmental needs.

Let's Find What
You're Looking For!

Davey uses cookies to make your experience a great one by providing us analytics so we can offer you the most relevant content. By continuing to use this site, you accept our use of cookies. View our Privacy Policy for more information.