CO-OP Dayton provides support for manufacturing firms in the region who are interested in transitioning to a cooperative business model.
Despite the loss of tens of thousands of manufacturing jobs over the past fifty years…
Manufacturing is still the second largest sector by employment in the Dayton region
With more living wage jobs than other top sectors.
In 2012, 71% of manufacturing firm owners nationwide were Baby Boomers or older and likely to retire in the next decade.
Over the years, many manufacturers have sold their companies to their employees as ESOPs and some as co-ops.
For the hundreds of small manufacturing firms in and around Dayton, a co-op may be a viable option when an ESOP is not.