Toledo-based Taylor Automotive Family transitioned to 100% employee ownership through an Employee Stock Ownership Plan.
The auto group, which started as a single dealership in 1979, now owns and operates seven rooftops across northwest Ohio and southeast Michigan with over 340 employees, who now stand to benefit from the company’s success thanks to the ESOP.
“This ownership transition honors those who have driven the vision and values of Taylor Automotive forward,” said Taylor Automotive Family founder Stephen D. Taylor…