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Worker Owned Mine Saves Jobs in Vermont
In Eden and Lowell Vermont the Vermont Asbestos Group now 78 percent employee owned saved 180 jobs after buying the mine from GAF Corp. Net earnings in 1975 were cited around 1.98 million with stock valued up to 3500 a share. Workers report higher wages and better benefits while planning diversifications using mine waste.
MENTIONED IN THIS ARTICLE
Kay Bartlett
Eden Mills
Vermont Asbestos Group
Vermont
GAF Corp
GAF
John Lupien
VAG
Lupien
Ray
First Baptist Church
Lawrence Despault
Afl-Cio Cement and Gypsum
Howard Denette
Elwin Machin
Maynard Miles
White House
Belvidere Mountain
Eden
Lowell
Stanley Parsons
Parsons
Despault
Vermont Industrial Products
General Motors
New Hampshire
Armand Williams
Lamoille County Union School
Eric Varitour