Local Ocean Seafoods
- Newport, Oregon
We had a chance to interview Laura from Local Ocean Seafoods in Newport, Oregon to ask her about her experience transitioning to employee ownership.
When she was ready to retire as the current owner, she determined the best fit for her business was to transition ownership to her employees through an Employee Ownership Trust (EOT).
Watch this short video to learn why she made that decision.
Ownership story details
Transitioned
2022
Employees
81
Industry
Type of EO
Topic
Employee ownership transitionEmployee Ownership Catalyst Fund