100 percent employee stock ownership

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Bandit Industries to go 100 percent employee owned

Bandit Industries – Isabella County’s eighth-largest employer – announced on Friday it would become 100 percent employee-owned.  Announcement of the change, after several years of trying to find a buyer, comes two months after the Morey family that owns the firm began a $1.4 million expansion. Owners Mike Morey Sr., Dianne Morey and Jerry Morey said

KI hands ownership over to employees

Green Bay-based furniture maker KI is now owned by its employees. KI announced that it completed transition to 100 percent employee stock ownership on April 27. The company was owned by members of the Resch family. CEO Dick Resch said this transition is a dream become reality. “This change marks the culmination of my lifelong