Which Spanish cooperative group, founded in 1956, is based in the Basque town of Mondragón?

Mondragon Corporation is the Spanish cooperative group founded in 1956 and based in the Basque town of Mondragón.

The organization grew from a technical school and cooperative enterprise associated with the priest José María Arizmendiarrieta. Its first industrial cooperative, ULGOR, began in the mid-1950s, and the wider network later expanded into manufacturing, retail, finance, and education.

Mondragon is notable because many of its businesses are owned and governed cooperatively by their worker-members. It is often cited in discussions of employee ownership, regional development, and the ability of locally rooted institutions to build large-scale economic networks.

The name can be confused with the name of the town itself. Mondragón is the Spanish form of Arrasate, the municipality in the Basque Country where the group is headquartered. Mondragon Corporation refers to the federation of cooperative businesses, not simply the town.