Taylor® Guitars Transitions Ownership To Its Employees
Looking to preserve its innovative culture and position the company for sustainable success well into the future, Taylor transfers ownership of the company to its employees via a newly formed ESOP
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EL CAJON, Calif., Jan. 11, 2021 /PRNewswire/ Taylor Guitars, a leading global builder of premium acoustic guitars, is pleased to announce its transition to 100% employee ownership through an Employee Stock Ownership Plan ( ESOP ). We have delighted in giving people the joy of music and hope to do so for generations to come, said Bob Taylor, co-founder and President of Taylor Guitars. Becoming 100% ESOP allows us to ensure our independence for the long-term future and continue to realize our vision for the company as an innovative guitar manufacturer.