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Taylor Guitars transitions ownership to its employees

Taylor Guitars has announced 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,”┬áBob Taylor, co-founder and President of Taylor Guitars, said in a media statement.

“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,” he added.