Vespoli USA

With no heirs and retirement on the horizon, Michael Vespoli, the World Rowing Champion who founded Vespoli USA in 1980, converted the company to an ESOP to ensure his employees—not a larger suburban or foreign company—would direct the enterprise’s future.  With 42 employee-owners and operating out of a custom-built factory in New Haven, Vespoli sells and repairs racing boats used for regattas worldwide.

POINT (-72.892611 41.321722)