Worker Ownership for the 99%:
The United Steelworkers, Mondragon, and the Ohio Employee Ownership Center Announce a New Union Cooperative Model to Reinsert Worker Equity Back into the U.S. Economy
WHO: Leo W. Gerard, International President, United Steelworkers (USW) Michael A. Peck, Mondragon North American Delegate Bill McIntyre, Director, Ohio Employee Ownership Center Dr. Martin Lowery, Executive Vice President for External Affairs, National Rural Electric Cooperative Association (NRECA), and past Chairman of the National Cooperative Business Association (NCBA)
WHAT: Announcement of a “Union Co‐op” model, which combines worker ownership in a cooperative business with the collective bargaining process, developed as part of the ongoing collaboration between the USW and Mondragon, and with the assistance of the Ohio Employee Ownership Center (OEOC).
The USW is North America’s largest industrial union representing some 1.2 million active and retired members in a diverse range of industries.
Mondragon is the world’s largest worker industrial cooperative, headquartered in the Basque region of Spain, with 85,000 worker-‐owners and over $24 billion in annual sales.
The Ohio Employee Ownership Center is an outreach center of Kent State University, founded in 1987 by John Logue who worked tirelessly to bring the successful Mondragon business practices and employee ownership structure and governance to the U.S.
WHEN: 11:00 a.m. Monday, March 26, 2012
WHERE: 60 Blvd of the Allies, Pittsburgh, PA 15222 – Lobby
Melissa Hoover of the US Federation of Worker Co-ops reports: "The press conference on Monday will be in person in Pittsburgh, and instead of live-streaming, there are plans to video it and post the video. We will send out a link when it is available.
As a USFWC staffer, I was honored to be asked to be on the advisory committee, and I reviewed the paper and gave my input to the model. It’s exciting to see this work coming to fruition in such a thoughtful, principled manner."