Monday, September 1, 2014
Taking Employee Relations to a Whole New Level: Cranston Print Works
Cranston Print Works (or CPW) had been in operation since 1807 when the governor of Rhode Island established a cotton printing plant in Cranston. Surviving various owners over the centuries, the company became employee-owned in 1987 and is now a leader in the ESOP community. Readers of this blog will recall that dedication to long-term relationships with employees is one of the common factors seen in many members of the "Corporate Century Club." Though many of these old companies are still family-owned, I have only found a few that are employee-owned and Cranston Print Works - at over 200 years - may be the oldest.