GAC Chemical Becomes Employee-owned

Authors

James McCarthy

Source

Mainebiz

Date

7-27-2015

Pages

9

Abstract

Searsport-based GAC Chemical Corporation's founder and owner James A, Poure, sold the company to its employees through an Employee Stock Ownership Plan, or ESOP. It is expected it will keep the company in Searsport for at least 20 more years. [image]

Subjects

Employee ownership

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