Litehouse 100% Employee Owned
Sandpoint-based food maker Litehouse, Inc. became fully owned by its employees last month. With 650 employees nationwide, Litehouse produces salad dressings, veggie dips, sauces, instantly fresh herbs, blue cheese, caramel dips, fruit dips, glazes and fresh-pressed apple cider at facilities in Idaho, Michigan and Utah. Litehouse has been family owned for more than 50 years. As of Dec. 22, 100 percent of company stock had been sold to employees through a stock ownership plan that began in 2006/Scott Maben, SR. More here.
Question: Have you ever worked in an employee-owned company? How was it different from a run-of-the-mill company?