Connect with us

Technology

Sell with Confidence. Keep Your Business in Trusted Hands

Published

on

A new opportunity is available to help rural business owners transition ownership while protecting their legacy, supporting employees, and keeping wealth in local communities.

GRAND JUNCTION, Colo., April 7, 2025 /PRNewswire-PRWeb/ — A new opportunity is available to help rural business owners transition ownership while protecting their legacy, supporting employees, and keeping wealth in local communities. The Colorado Office of Economic Development and International Trade (OEDIT) is making it easier for businesses to explore employee ownership, thanks to a program that removes financial barriers and offers valuable tax credits and discounts.

“Too many business owners reach retirement without a solid succession plan.This program provides a clear, affordable path for owners to explore employee ownership and safeguard what they’ve built.”

With 80% of businesses listed for sale never finding a buyer, many owners face difficult choices that often result in closures, displacing loyal employees and pulling money out of the community. However, this program provides a better solution—helping business owners transition to employee ownership and securing the future of their businesses.

Employee ownership offers a proven pathway for preserving small businesses, empowering employees, and strengthening local economies. Unlike traditional sales, transitioning ownership to employees ensures that businesses remain rooted in their communities, maintaining jobs and keeping profits local.

With Baby Boomers retiring at record rates, rural businesses face increased risk of closure because of a lack of potential buyers in these smaller markets. “Too many business owners reach retirement without a solid succession plan,” said Marion Champoux-Pellegrin, Rural Employee Ownership Director for Rocky Mountain Employee Ownership Center. “This program provides a clear, affordable path for owners to explore employee ownership and safeguard what they’ve built.”

Who Qualifies?

The program is available to a limited number of businesses starting the process in 2025. To qualify, businesses must meet the following requirements:

At least three interested employeesSale of at least 20% of the businessLocated in rural Colorado

Business owners ready to protect their legacy and empower their employees should act now. With limited spots available for 2025, interested owners are encouraged to contact Rocky Mountain Employee Ownership Center (RMEOC) today to begin the process.

Rocky Mountain Employee Ownership Center (RMEOC), – RMEOC is a Colorado-based nonprofit leading the effort to help Colorado businesses explore and convert to employee ownership models. RMEOC’s mission is to create a more inclusive and fair economy by equipping business owners with the tools and resources they need to transition successfully. Through this program, RMEOC provides technical assistance, education, and ongoing support, ensuring that business owners have the guidance they need throughout the transition process.

Media Contact

Marion Champoux-Pellegrin, Rocky Mountain Employee Ownership Center, 1 303-351-2003, marion@rmeoc.org, https://www.rmeoc.org

View original content to download multimedia:https://www.prweb.com/releases/sell-with-confidence-keep-your-business-in-trusted-hands-302419363.html

SOURCE Rocky Mountain Employee Ownership Center

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

FAMSUN Team Restores Myanmar’s Feed Production After Earthquake

Published

on

By

BANGKOK, April 12, 2025 /PRNewswire/ — Following the 7.7-magnitude earthquake that struck Myanmar’s Mandalay region on March 28, 2025, agri-tech leader FAMSUN launched a swift, cross-border response coordinated through its Southeast Asia hub to support the recovery of the critical animal feed industry. The quake significantly damaged key feed production facilities, halting production at major feed mills operated by partners like CP Group, New Hope, Sunjin, KSP Myanmar, and Diamond.

Within 24 hours, FAMSUN formed an eight-member joint technical expert task force from its Bangkok regional headquarters. Navigating significant travel disruptions with support from regional colleagues, the team reached the Mandalay epicenter by April 5 and immediately began recovery operations.

Restoring Production and Safeguarding Food Supply

In just 48 hours, FAMSUN successfully restored stable operations at four key feed mills in the Mandalay area. One facility saw repair time cut by 60% thanks to the innovative application of pre-fabricated modular components in its damaged conveying system.

These efforts were key to restoring feed supply for Myanmar’s livestock sector and supporting the country’s food production.

Humanitarian Support for Affected Communities

Beyond technical recovery efforts, FAMSUN also extended critical humanitarian aid to communities impacted by the earthquake. Valued at over 40 million Myanmar Kyat, the aid package included essential supplies such as medicine, food, drinking water, and cash assistance.

Working closely with its partners and clients, FAMSUN delivered these supplies directly to affected families through local feed mill facilities and with the support of organizations including the China Enterprise Chamber of Commerce in Myanmar (CECCM), the Myanmar Sichuan and Chongqing Chamber of Commerce (MSCC), and the Myanmar Livestock Federation (Mandalay).

“FAMSUN’s aid during this critical time brings hope for recovery to the people and the industry,” stated Dr. Nay Thuyein, Chairman of the Myanmar Livestock Federation (Mandalay).

Regional Cooperation in Action

Benefiting from Thailand’s regional logistics strengths, FAMSUN’s cross-border relief effort highlighted the role of private-sector expertise in enhancing crisis response capabilities.

“We will continue to deepen local cooperation and contribute our professional expertise to the high-quality development of the region’s agro-industry,” affirmed Jason Fan, Vice President of FAMSUN. FAMSUN is now extending support to other affected areas like Taunggyi, reaffirming its commitment to Southeast Asia’s food security and resilience.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/famsun-team-restores-myanmars-feed-production-after-earthquake-302427004.html

SOURCE FAMSUN

Continue Reading

Technology

FOX NOTICIAS TO PRESENT AN EXCLUSIVE INTERVIEW WITH PRESIDENT DONALD TRUMP ON APRIL 15 AND 16

Published

on

By

NEW YORK, April 12, 2025 /PRNewswire/ — FOX Noticias will present an exclusive two-part interview with President Donald Trump on Tuesday, April 15th and Wednesday, April 16th airing at 4 PM/ET each day. Hosted by Rachel Campos-Duffy, this marks President Trump’s first interview since the tariff announcement and his first appearance on the recently launched Spanish-only program produced by FOX News Media that runs on FOX Deportes.

(A transcript will be made available immediately following the interview).

During the interview, Trump will discuss tariffs, the administration’s economic agenda, immigration, the border, and news of the day. Viewers can watch the interview in Spanish on Noticias.foxnews.com, the FOX Noticias You Tube page, the FOX Noticias Podcast or via FOX Deportes. Portions of the sit-down will also run on FOX News Channel. 

FOX News Media operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Digital, FOX News Audio, FOX News Books, the direct-to-consumer streaming services FOX Nation and FOX News International and the free ad-supported television service FOX Weather. Currently the number one network in all of cable, FNC has also been the most watched television news channel for more than 22 consecutive years, while FBN is the top business channel on cable. Owned by Fox Corporation, FOX News Media reaches nearly 200 million people each month.

FOX Noticias Media Contact:

Courtney Ur: 212.301.3951 or Courtney.Ur@FOX.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/fox-noticias-to-present-an-exclusive-interview-with-president-donald-trump-on-april-15-and-16-302427005.html

SOURCE Fox News Network, LLC

Continue Reading

Technology

Vitesse Systems Welcomes Rollin Hughes to Drive Growth in Space and Ground Antenna Solutions

Published

on

By

NEWARK, Calif., April 11, 2025 /PRNewswire-PRWeb/ — Vitesse Systems, a leading provider of mission-critical components and assemblies for the space and defense industries, today announced the strategic appointment of Rollin Hughes as its new Business Development Executive. With over 25 years of robust experience in selling and supporting both government and commercial clients within the microwave and satellite solutions sectors, with a particular focus on ground antenna applications including small mobile and fixed ground-stations with multi-band feeds, Hughes joins the Sales and Marketing team to further enhance Vitesse Systems market presence in this key area.

“We are thrilled to welcome Rollin Hughes to the Vitesse Systems team,” said Matt Alty, CEO of Vitesse Systems

Rollin Hughes brings extensive experience selling and supporting government and commercial customers to Vitesse Systems. Hughes began his distinguished career in aerospace and defense at Sikorsky Aircraft, subsequently broadening his expertise into electronic warfare, airborne downlinks, and covert audio and video products. Since 2005, his focus has been within the satellite communications sector, where he has excelled in selling leading-edge hardware to end-users, system integrators, and OEMs servicing both mobile and fixed air, land, and sea-based terminals. His deep knowledge extends to legacy, current, and developing GEO, MEO, and LEO satellite constellations, UHF/VHF tactical communications, and digital waveforms for both the Department of Defense and civilian agencies.

Rollin Hughes shared his enthusiasm for his new role, stating, “I am excited to contribute to Vitesse Systems’ continued growth and to address the evolving technical needs of the antenna market, especially in expanding our ground antenna solutions. I am particularly eager to grow our military business, where seamless communication across multiple assets is critical, including robust ground-based systems. I believe Vitesse’s testing and on-site engineering capabilities strongly position us for sustained success in the electronic warfare market and the delivery of advanced ground antenna technologies.”

“We are thrilled to welcome Rollin Hughes to the Vitesse Systems team,” said Matt Alty, CEO of Vitesse Systems. “His extensive experience and deep understanding of the satellite communications landscape, particularly his knowledge of various satellite constellations and tactical communication systems, coupled with his understanding of ground antenna requirements, will be invaluable as we continue to expand our reach and serve the evolving needs of our government and commercial customers. Rollin’s proven track record and customer-centric approach align perfectly with Vitesse Systems’ commitment to providing cutting-edge solutions.”

About Vitesse Systems

For over 55 years, Vitesse Systems has been a trusted partner in the aerospace and defense industries, providing advanced technical solutions for the most challenging applications. We specialize in the design, build, and test of critical solutions for electronic warfare, radar, and next-generation communications across air, ground, sea, and space. Headquartered in Newark, California, Vitesse operates facilities in California, Colorado, Maryland, Massachusetts, and Nevada. All Vitesse facilities are ITAR Registered and DFARS compliant, serving a broad 1 spectrum of aerospace and defense customers.

Media Contact

Matthew Parisi, Vitesse Systems, 1 5103993650, pr@vitessesys.com, vitessesys.com

View original content to download multimedia:https://www.prweb.com/releases/vitesse-systems-welcomes-rollin-hughes-to-drive-growth-in-space-and-ground-antenna-solutions-302426860.html

SOURCE Vitesse Systems

Continue Reading

Trending