Chloe Chassaing - Providence Business News

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SMOOTH TRANSITION: Chloe Chassaing, an employee owner of White Electric Coffee in Providence, which shifted to an employee ownership model in 2021, says the Rhode Island Center for Employee Ownership that is part of legislation being advanced by lawmakers could help smooth out the uncertainty when transitioning a business to an employee ownership model by connecting sellers and employees to financing pathways, valuation expertise and technical support early in the process. PBN PHOTO/MICHAEL SALERNO

Legislation would create employee ownership center to ease business transitions

Focus 05/08/2026

When White Electric Coffee in Providence changed hands in 2021, it didn’t go to a corporate buyer or a retiring owner’s handpicked successor. It...

STRONG SUPPORTERS: Autumn Guillotte, left, organizer at the Rhode Island AFL-CIO; David Molina-Hernandez, organizer at Fueza El Laboral; and Kristy Eiland, volunteer, show their support for Starbucks Corp. employees at a Warwick store off Route 2 to form a union prior to the employees’ vote in early June. PBN PHOTO/TRACY JENKINS

A rank and file revival: New labor movement hits R.I.

Cover Story 07/22/2022

Starbucks customers swinging through the drive-thru on a June morning in Warwick were greeted by something many weren’t expecting: a group of baristas and...

MANY OWNERS: Kristin Allain, director of human resources at Newport Restaurant Group, says the employee-ownership model has allowed the company to weather the difficulties of the COVID-19 pandemic. PBN PHOTO/MICHAEL SALERNO

Employee-owned firms display their resiliency

Financial Services 06/10/2022

Chloe Chassaing had seen the news reports in April 2021 about businesses struggling to find enough people to fill positions, particularly in the hospitality...

BOLD MOVE: Christian Rakotoarisoa makes a latte at White Electric Coffee in Providence. Rakotoarisoa is one of nine worker-owners at White Electric, which became the first unionized worker-owned cooperative cafe in Rhode Island last year. / PBN PHOTO/MICHAEL SALERNO

White Electric workers form coffee co-op after buying out former owners

Entrepreneurship 03/04/2022

Since becoming a worker-owned cooperative, the employees of CUPS Cooperative Inc., doing business as White Electric Coffee, say they’ve rarely fallen into disagreement about...

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