Best of Swarfcast Ep. 31 – Ken Mandile, Employees Are Buying His Business

February 22, 2021 - 10:58am -- Nijazi Kuksi
best of swarfcast

We’re currently working on fresh new episodes of Swarfcast. In the meantime, we felt this “Best of” was fitting for the recent season on CNC Swiss machining. 

In March of 2019, we interviewed Ken Mandile, founder of Swissturn, a successful CNC Swiss machine shop in Oxford, Massachusetts. Ken’s children are not interested in taking over Swissturn when he eventually retires, so five years ago Ken began restructuring his company into an employee stock ownership plan or ESOP, in which he will gradually transfer ownership and management to his employees.

Scroll down to read more and listen to the podcast, or listen with Google Podcasts, Apple Podcasts or your favorite app.

Read the full blog: https://todaysmachiningworld.com/swissturn-cnc-machine-employee-owned/

Question: Would you want to work at an employee-owned business?

Listen to the Podcast here: https://todaysmachiningworld.com/?powerpress_pinw=26484-podcast

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