Taylor Guitars is now 100% owned by its employees

Taylor Guitars
(Image credit: Taylor Guitars)

Taylor Guitars – celebrated manufacturer of some of the best acoustic guitars of the modern age – has announced that it has transferred ownership of the company to its employees via a newly formed ESOP.

An ESOP – Employee Stock Ownership Plan – is an ownership structure through which the company's independence, values, culture and employees are protected, and its commitment to providing the best quality guitars is maintained.

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Matt Owen
Senior Staff Writer, GuitarWorld.com

Matt is a Senior Staff Writer, writing for Guitar World, Guitarist and Total Guitar. He has a Masters in the guitar, a degree in history, and has spent the last 16 years playing everything from blues and jazz to indie and pop. When he’s not combining his passion for writing and music during his day job, Matt records for a number of UK-based bands and songwriters as a session musician.