Page 13 - Mandy Powers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Print Taylor Guitars, the El Cajon company whose high-end instruments are played by such stars as Taylor Swift, Zac Brown Band and Jason Mraz, is making headlines, but not with a new instrument. On Monday, Taylor co-founders Bob Taylor and Kurt Listug announced they have transferred complete ownership of the company to its nearly 1,200 employees. The Employee Stock Ownership Plan, or ESOP, marks an unprecedented new chapter for the 47-year-old company, which in 2019 manufactured 170,000 guitars and had worldwide revenues of $122.4 million. In April 2020, Taylor was ranked as North America�...

El Cajon-based manufacturer Taylor Guitars announced Monday it is transitioning to 100% employee ownership through an Employee Stock Ownership Plan.

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 News provided by Share this article Share this article 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 ...