California Girl
Rookie
- Oct 8, 2009
- 50,337
- 10,058
- 0
- Banned
- #1
For anyone who thinks the private sector is just a bunch of evil moneygrabbers who don't care about anyone but themselves (that'll be many whining liberals), here is a great example of the kind of people run businesses in this country. He could have sold it and made even more money but he didn't. He gave it away - to the 209 people who worked for him.
What a totally cool guy. These are the people who can turn America around, not the idiots in Washington.
MILWAUKIE Scores of employees gathered to help Bob Moore celebrate his 81st birthday this week at the company that bears his name, Bob's Red Mill Natural Foods.
Moore, whose mutual loves of healthy eating and old-world technologies spawned an internationally distributed line of products, responded with a gift of his own -- the whole company. The Employee Stock Ownership Plan Moore unveiled means that his 209 employees now own the place and its 400 offerings of stone-ground flours, cereals and bread mixes.
"This is Bob taking care of us," said Lori Sobelson, who helps run the business' retail operation. "He expects a lot out of us, but really gives us the world in return." Moore declined to say how much he thinks the company is worth. In 2004, however, one business publication estimated that year's revenues at more than $24 million. A company news release issued this week stated that Bob's Red Mill has chalked up an annual growth rate of between 20 percent to 30 percent every year since.
Founder of Bob's Red Mill Natural Foods transfers business to employees | Clackamas County News - OregonLive.com
What a totally cool guy. These are the people who can turn America around, not the idiots in Washington.
MILWAUKIE Scores of employees gathered to help Bob Moore celebrate his 81st birthday this week at the company that bears his name, Bob's Red Mill Natural Foods.
Moore, whose mutual loves of healthy eating and old-world technologies spawned an internationally distributed line of products, responded with a gift of his own -- the whole company. The Employee Stock Ownership Plan Moore unveiled means that his 209 employees now own the place and its 400 offerings of stone-ground flours, cereals and bread mixes.
"This is Bob taking care of us," said Lori Sobelson, who helps run the business' retail operation. "He expects a lot out of us, but really gives us the world in return." Moore declined to say how much he thinks the company is worth. In 2004, however, one business publication estimated that year's revenues at more than $24 million. A company news release issued this week stated that Bob's Red Mill has chalked up an annual growth rate of between 20 percent to 30 percent every year since.
Founder of Bob's Red Mill Natural Foods transfers business to employees | Clackamas County News - OregonLive.com