Raleigh pushing plan for owners to sell to employees when they retire to keep businesses, jobs local

At engineering firm S&ME in Raleigh, employees don't just work at the company; they own it. It's a model that city officials hope others will adopt to avoid what Mayor Janet Cowell calls the "silver tsunami."

Mar 26, 2026 - 05:00
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Raleigh pushing plan for owners to sell to employees when they retire to keep businesses, jobs local
At engineering firm S&ME in Raleigh, employees don't just work at the company; they own it. It's a model that city officials hope others will adopt to avoid what Mayor Janet Cowell calls the "silver tsunami."

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