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Banded Together - The Naugatuck Valley Project Story

ESOPS

“Broad-based local ownership”

 

“The Project is reacting to something that other people have been doing to us, which is taking ownership of these places away.  We’ve got to get some of it back.  It’s about organizing to bring back the ownership where it makes sense to a broad-based local ownership; by broad-based ownership, we mean, typically, employee ownership.”

     - Ken Galdston

 


Father Colton at Seymour Specialty

“When you have remote ownership, people feel really out of control of their lives.  When somebody in London or Los Angeles owns a mill in the Valley, you feel helpless and out of control.  It’s a source of depression and a anxiety.  When you are in charge of your life by being a member of a democratically owned company like this, you’re going to feel less anxiety than you would if somebody in Los Angeles is pulling the strings. One of my motives for being involved in this whole thing is trying to restore stability and maintain a sense of community around here.”

     - Rev. Tim Benson