The Ohio Employee Ownership Center

Tag Archives: Ohio

Time to Reserve a Spot for the May 21 CEO/CFO Networking Dinner

Our Popular CEO / CFO Networking Dinner

Will be in Columbus!

Tuesday, May 21

by calling the OEOC at 330-672-3028
or emailing the name, title, company, and email address of anyone in your company who will be attending to oeoc@kent.edu.

“Visit Star Leasing, have dinner, and network”

Star Leasing Company, headquartered in Columbus, has been providing a quality one-source solution to its customers’ semi-trailer needs since 1974. Star Leasing’s overall objective is to be the “One Solution” (Rent, Lease, Sell, Maintain) for semi-trailer needs for all of their customers. The company provides tailored lease and rental programs for semi-trailers including complete maintenance service with full service locations in Ohio, Indiana, Georgia, North Carolina and Alabama. Star also provides trailer maintenance for customer owned equipment. Their typical customers are private & contract transportation fleets and motor carriage companies. Star became 100% employee owned in 1987 and has nearly 200 active employees.

To learn more about Star Leasing, visit its website at www.starleasing.com

star leasing 1
star leasing 2
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This event, always popular with ESOP company executives, will be hosted by Jeff Rosen CFO at Star Leasing. Join your fellow ESOP managers to observe this very unique company and share ESOP ideas. There is no charge for this event. We welcome top management from ESOP companies to attend, not necessarily only those with CEO and CFO titles.

The session will include a company tour, dinner, networking and Q & A.

Tentative agenda:
4:30pm – Arrive, refreshments/networking and Star Leasing tour
6:30pm – Dinner, and Question & Answer Session
8:30pm – Ajourn

For reservations please call the OEOC: 330-672-3028


Bob Cohen on the Potential of Cooperatives w/ A Shout-Out to Select Machine & Evergreen Cooperatives

Bob Cohen via Buckeye Farm News explains how cooperatives can help navigate the difficult economy.

The Cooperative Development Center at Kent State University has worked in the support, training, and development of many cooperatives, including Select Machine and the Evergreen Cooperatives, since the Center was established in 2009.

Three-Part Series of Webinars for ESOP Companies Begins Next Week-Register Now

Our next series of webinars begins next week with a presentation on Department of Labor regulations related to ESOPs, presented by Dale R. Vlasek, Attorney.

Register now to take advantage of this convenient and economical way to learn from some of the most experience, knowledgeable, and dynamic professionals in the ESOP Community.

Upcoming Presentations:

  • March 6, 10 AM – DOL Enforcement and ESOPs; Current Issues – Presented by Dale R. Vlasek,  Attorney, McDonald Hopkins LLC. View archived video
  • March 8, 10 AM – Explaining Ownership Culture – Presented by Christopher Mackin, President, Ownership Associates, Inc. View archived video
  • March 12, 10 AM – An Appraisers Perspective on Acquisitions – Presented by Davin Gustafson,  Principal, Apple Growth Partners. View archived video

Learn more about the webinar series.

To answer any questions you may have, or for further information concerning these events please contact Jay Simecek or Chris Cooper at the Ohio Employee Ownership Center,  330-672-3028.

House Expected to Begin Consideration of $500B Farm Bill This Week

Since the $500 billion farm bill passed in the Senate on June 21, many Ohio farmers have been waiting for the final result so they can plan for next year.

According to a Columbus Dispatch report on June 22, “The Ohio Farm Bureau hailed passage of the bill, saying that a number of its priorities were included, citing in particular ‘an emphasis on conservation and support for research and rural development.'”

The Youngstown Vindicator also indicates strong support for the bill across Ohio, because among other things it will strengthen safety nets for farmers.

Experts said that if the bill stays largely intact, then Ohio’s 74,700 farms can look forward to stronger crop insurance policies and five years of consistency, until Congress is required to pass a renewed farm bill.

To read more in the Vindicator’s coverage of the farm bill, click here.

Upcoming ‘Lunch and Learn’ Event in Akron aimed at increasing efficiency in manufacturing.

On Wednesday, July 11, 2012 Greater Akron Chamber, PolymerOhio and Moldex3D will be presenting Growing Your Business through Computational Modeling: Moldex3D Injection Molding Simulation Tools. 

The ‘Lunch and Learn’ event will introduce participants to Moldex3D, the first 3D mold flow analysis software. The software is now available through Polymer Portal and can be used to reduce cost and time to design and fabricate injection molds. 

For more information and to register for this event, visit the Polymer Portal Website.

PolymerOhio is an Ohio Edison Technology Center and developed the “Polymer Portal” in conjunction with the Ohio Supercomputer Center to provide affordable access to productivity-enhancing software and training.

Questions regarding this event may be directed to Lynda Wright.

CEO/CFO Forum for Employee-Owned Companies

Ohio’s Employee-Owned Network (a program of the OEOC) is sponsoring a CEO/CFO Forum & Dinner for leaders in employee-owned companies on Wednesday, May 16, 5:30 P.M. – 8:30 P.M. in Ashtabula. The Forum and Dinner is being hosted by Ric Selip, CEO, and Donny Chaplin, Vice President of Grand River Rubber and Plastics. The Dinner portion of the program is being held at the facilities of the Spire Institute in nearby Geneva, OH.

In addition to the Forum and Dinner, there is a  4:30 P.M. tour of the Grand River facility.

For questions, email Jay Simecek or call the OEOC at 330-672-3028.

Family Farms Facing Succession Share Issues with Other Small Businesses

One of the major concerns hitting agricultural-heavy states like Ohio is the issue of family farm succession. As family farms are operated more and more like small businesses (which is in fact what they are), concerns about what will happen to the family farm when the baby boomer farmers look at retiring are taking center stage in economic development and job retention initiatives.

While there are differences between how farms and “standard” small businesses operate, when talking about succession planning, many of the issues facing farmers and their conventional business owner counterparts are very much the same.

The Star Phoenix newspaper of Saskatoon, Saskatchewan, Canada has an interesting article with some helpful hints for family farmers as they face the prospect of succession. Among the article’s salient points:

  1. The holidays, the time of year when the extended family is likely to be together, provide a good opportunity to have these types of discussions;
  2. Communication is key: don’t assume to know what other family members think about the farm business, what should happen to it going forward, and which family members might be interested in taking over operations;
  3. Don’t wait to the last minute to involve the next generation of ownership in management decisions;
  4. Treating farming children and non-farming children fairly (but not necessarily equally) is important; and
  5. Starting early is the retiring generation’s best friend.

Good advice for any type of small business.

New Video on Ohio Cooperative Solar, Part of the Evergreen Project

We recently put together a video on the Ohio Cooperative Solar story, one of the Evergreen family of cooperatives. What’s better, the video is now available on YouTube via the Cleveland Foundation’s YouTube stream.

The Evergreen Cooperative Initiative had as a source of inspiration the Mondragon Corporation cooperatives in the Basque region of Spain. Also on YouTube is a two part video detailing some of the history and scope of the related companies. (Part One, Part Two).