SRC was established in 1983 when 13 employees of International Harvester purchased a part of that company that remanufactured truck engines,[3] with $100,000 of their own money and $8.9 million in loans, with the goal of saving 119 jobs.
[6] SRC founded and invested in more than 60 separate companies that do everything from consulting to packaging to building high-performance engines.
Including current joint-ventures SRC's sales are over $600M, with more than 2,000 employees, and has three million square feet (280,000 m2) of manufacturing and warehousing space.
Stack has written a third book in 2020 with Darren Dahl, Change the Game: Saving the American Dream by Closing the Gap Between the Haves and the Have-Nots.
The 2019 Txemi Cantera International Social Economy Prize was awarded by ASLE to SRC and its President, Jack Stack.