Purchase Shares in the Union Manufacturing Company
Union Manufacturing Co of PA LLC has reorganized as “Union Manufacturing Company” a Commonwealth of Pennsylvania Corporation! Exactly the same form of corporation as the original Union! The difference between now and then is that the company will be held by Union collectors and customers, instead of other corporations. Which means YOU can now own a piece of Union! (Please note that Union is not an IPO. It would make no sense based on our size. We are a privately held company with shares that can be purchased by its customers and collectors.) This means the company will now be a Privately held Corporation and is owned by shareholders. Our shareholders are the folks that collect and use Union Mfg Co tools!
As with everything else we do at Union, our share certificates honor the age of the brand! While most modern companies offer digital certificates, ours are a physical print on linen cardstock that graphically honor the time period when Union Manufacturing Company made planes. Processing time for orders is approximately 3 weeks at present before certificates are mailed out.
Shares are $25 each. Click below to own a piece of Union!
Voting Rights
As shareholders, you have the right to nominate and vote for the Board of Directors. All board members serve on a year-to-year basis with no limitation on the number of terms they can serve. Each share counts as ONE vote. Instructions and forms to nominate and vote will be emailed in November. Nominations must be submitted by December 1st of each fiscal year for consideration and the election will take place on December 31st of each fiscal year. Election results will be available for shareholders on the first day of the first quarter of the next fiscal year, January 1st.
Annual Shareholders Meeting
The annual shareholders meetings will be set and determined by the board during the fourth Fiscal quarter of each year. Notice will be given at least 30 days in advance of the date, location and instructions for video conference for those who are unable to attend in person.
Sale of Company Shares
If for some reason you wish to sell some or all of your shares in Union Manufacturing Company to another party you must notify either Robert or Eva Porter to initiate the share transfer. All share sales must be updated with our Corporate legal counsel. The Official Shareholder Ledger is held and maintained by our Corporate Legal counsel. In the event you intend to sell any or all of your shares you MUST present Union Manufacturing Company with your original share certificate and the balance of your shares, if any, will be reissued to you on a new certificate at no additional cost to you. Union Manufacturing Company retains all rights to buy our share s back (Right of First Refusal) when authorized by the Board of Directors.
Change of Contact Information
Please directly notify the Company of any changes to your email address or physical address to ensure you receive all notifications