Loyola University Chicago

Loyola University Chicago

University Newsroom

FOR IMMEDIATE RELEASE

Media Contact:
Steve Christensen
Communications Manager
(312) 915-6164
schris6@luc.edu

2008 Family Business of the Year Award Winners

CHICAGO, October 23, 2008 – Loyola University Chicago’s Family Business Center has selected the winners of its 15th annual Illinois Family Business of the Year Awards, which recognize superior Illinois-based family businesses that demonstrate a strong commitment to both business and family. This year’s winners and finalists will be honored at an upcoming awards gala, co-hosted by Harris, on Wednesday, December 3, at The Four Seasons Hotel–Chicago.

The 2008 Illinois Family Business of the Year Awardees:

Small: Quality Float Works, Inc.
Medium: Minee Subee Early Education & Childcare Centers
Large: Edward Don & Company
Community Service Award: William Charles, Ltd.
Century Award: Eclipse, Inc.

This year’s awards drew 240 nominations in five categories: small (companies with fewer than 50 employees), medium (50 to 250), large (more than 250), community service, and the century award. Winners of the awards have demonstrated positive family/business linkage, multi-generational family business involvement, contributions to industry and community, and innovative business practices and strategies.

“Family businesses continue to be the backbone of our economy, and recognizing these tireless, dedicated organizations is something we are very proud to do,” said Andrew Keyt, executive director of Loyola’s Family Business Center. “These organizations have withstood the test of time and are wonderful examples for all family business owners.”

Past award winners include Nielsen-Massey Vanillas, Clarke Mosquito Control, Turano Baking Company, Gold Eagle Co., Baird & Warner, Windmer Interiors, Peter Troost Monument Co., Raynor Garage Doors, Glunz Family Enterprises, Skender Construction Co., and many more.

For more information on the awards and the upcoming gala, please visit LUC.edu/fbc/fboy.shtml.

About Loyola University Chicago Family Business Center
The Loyola University Chicago Family Business Center is an internationally recognized leader in family business program development and research, serving as a resource to family businesses in the Chicago region and throughout the nation. The center’s research projects have focused on family business leadership, the communication patterns of business owning families, the role of trusts and trustees in family firms, the performance of family businesses compared with non-family managed counterparts, and demographic profiles of family businesses throughout the United States. For more information, please visit LUC.edu/fbc.

About Loyola University Chicago
Committed to preparing people to lead extraordinary lives, Loyola University Chicago was founded in 1870 and is the nation’s largest Jesuit, Catholic university. Loyola has a total enrollment of more than 15,600 students, which includes more than 10,000 undergraduates hailing from all 50 states and 82 foreign countries. The University has four campuses: three in the greater Chicago area and one in Rome, Italy. Loyola also serves as the U.S. host university to the Beijing Center for Chinese Studies in Beijing, China. Loyola’s ten schools and colleges include arts and sciences, business administration, communication, education, graduate studies, law, medicine, nursing, continuing and professional studies, and social work. Loyola offers 71 undergraduate majors, 71 undergraduate minors, 85 master’s degrees, and 31 doctoral degrees. Recognizing Loyola’s excellence in education,U.S.News & World Report has ranked Loyola consistently among the “top national universities,” and named the University a “best value” in its 2009 rankings. For more information, please visit LUC.edu.

-Loyola-

Editor’s Note: Please see below for a description of winners, along with a full list of finalists.

Quality Float Works, Inc.
In 1915, Louis Yablin founded Chicago Float Works in his home on the southwest side of Chicago. An immigrant tradesman, Yablin exhibited a know-how in metal spinning that ultimately developed into creating metal floats, which later became the foundation for the company. In 1995, Chicago Float Works evolved into Quality Float Works, Inc., located in Schaumburg, Illinois. It remains a family-owned and operated company. The ingenuity that launched this company more than 93 years ago continues today, as the company has become a global competitor in part due to the development of its innovative Quality Float Valve division. Thanks to the organization’s leadership and vision, the company has grown during times when the manufacturing industry has faced a downturn.

Minee Subee Early Education & Childcare Centers
In 1974, Judith and Norman Katz opened a small, storefront child care center in Buffalo Grove and named it Minee Subee, in honor of their own children: Michele, Neal, Susan, and Beth. The center, licensed for a capacity of 45 children, quickly earned a reputation for providing an unparalleled level of nurturing care and academic enrichment. As waiting lists grew, the center was forced to relocate twice to larger facilities until the original Minee Subee (now known as Minee Subee–Grand) found its permanent home in Arlington Heights. Today, the Katz family is responsible for four centers with more than 700 children enrolled in nationally-accredited programs.

Edward Don & Company
In 1921, the Don family formed a janitorial supply company in Chicago. Since then, the company has grown from a small family business to the world’s largest leading distributor of foodservice equipment and supplies. More importantly, the company has maintained the core values of the Don family, which is now in its third generation of leadership. The company’s knowledgeable sales representatives, unmatched product selection, nationwide distribution centers, and integration of new technology make them the leading supplier to all types of foodservice businesses, including national restaurant and hotel chains, regional chains, and local independents. Today, customers are serviced by distribution centers in Chicago, Miami, Dallas, Los Angeles, Philadelphia, and Atlanta.

William Charles, Ltd.
William Charles, headquartered in Rockford, Illinois, is a diverse, family-owned organization. Established in 1892, the company has grown and today is one of the region’s largest and most successful companies, serving many industries, both regionally and nationally, under the William Charles umbrella. Today, the organization is comprised of three groups: construction, environmental/waste services, and real estate, all of which are still guided by the directives of the previous generations—a strong work ethic with an emphasis on work safety, customer satisfaction, and innovation.

Eclipse, Inc.
Founded in 1908, in Rockford, Illinois, Eclipse, Inc., a worldwide manufacturer of products and systems for industrial heating and drying applications, is now under its third generation of family ownership. The company designs and manufactures a wide variety of gas and oil burners, recuperators and heat exchangers, complete combustion systems, and accessories for combustion systems. Eclipse has been at the forefront of the combustion industry for more than 100 years, and this experience, combined with the legacy of growth, innovation, and leadership, has paved the way for Eclipse’s emergence as a global provider of combustion products.

Category A (Small)

Winner
Quality Float Works, Inc.

Finalists
Fidelity Print Communications
Sir Speedy Printing of Naperville

Category B (Medium)

Winner
Minee Subee Early Education & Childcare Centers

Finalists
C.J. Erickson Plumbing Co.
Stenstrom Companies, Ltd.

Category C (Large)

Winner
Edward Don & Company

Finalists
Glik’s
William Charles, Ltd.

Community Service Award
William Charles, Ltd.

Century Award
Eclipse, Inc.

This year’s awards program is made possible through the generous support of the following sponsors: Harris, Katten Muchin Rosenman LLC, Grant Thornton, Mass Mutual Pearre & Associates, Ltd., McDermott Will & Emery, Lowry Hill, MB Financial, Crain’s Chicago Business, Bell Litho, Inc., and the business-owning families who are members of the Loyola University Chicago Family Business Center.

       

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