Once Again Nut Butter Collective, an employee-owned company with a passion for doing things the right way for its people, products and the planet. Founded in 1976 by a husband-and-wife team with an entrepreneurial flair, Once Again has grown from a company run out of an 800-square-foot basement into a thriving business that produces millions of pounds of organic and natural nut and seed butters. Recognized as a leader in ethical and sustainable business practices, the company founded its Honest In Trade program to define the team’s efforts and take them to the next level. In addition to their support of farmers in underdeveloped countries, initiatives to protect the environment, and unsurpassed safety and quality standards, this fun-loving family of 86 employees also actively supports its community and non-profit organizations.
Bob Gelser is the General Manager at Once Again Nut Butter. Bob earned an associate degree in mechanical engineering from the State University College of Technology at Alfred in 1985 and a Bachelor’s degree in manufacturing engineering from Rochester Institute of Technology.
Also joining us is Colin Wilcox, an employee-owner, QA lab technician, and internal trustee at Once Again.
"If the environment is changing, you need to change and adapt with it," says Once Again Nut Butter General Manager Bob Gelser. At Once Again, a democratically-run ESOP, that evolution includes their ownership and governance structures. "If you're still maintaining your core values and your mission, your business model can be flexible."
Tune in to learn:
-Their unique structure that blends the best of Employee Stock Ownership Plans and Worker-Owned Cooperatives
-Balancing roles as employees, owners and stockholders
-How ESOPs outperform financially and are more resilient in recessions
-The importance of "deciding how to decide"
-How their "Honest In Trade" program invests in the supply chain
-Maintaining a 4:1 ratio between the highest and lowest paid workers (compared to 278:1 across the USA)