Searsport-based GAC Chemical Corp. has a new owner -- its employees.
MaineBiz, a business publication, reported July 15 that founder and owner James A. Poure is selling his ownership in the business to the employees through an Employee Stock Ownership Plan, or ESOP.
The company was founded in 1979 by Poure, originally in Sylvania, Ohio, and called General Alum & Chemical Corp., according to an online history at ...
Searsport-based GAC Chemical Corp. has a new owner -- its employees.
MaineBiz, a business publication, reported July 15 that founder and owner James A. Poure is selling his ownership in the business to the employees through an Employee Stock Ownership Plan, or ESOP.
The company was founded in 1979 by Poure, originally in Sylvania, Ohio, and called General Alum & Chemical Corp., according to an online history at ...