Loyola University Chicago

Loyola University Chicago

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Steve Christensen
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312.915.6164
schris6@luc.edu

2012 Illinois Family Business of the Year Award Winners Announced
Awardees to be Honored at November 27 Gala in Chicago

CHICAGO, September 27, 2012 – The Family Business Center at Loyola University Chicago’s Quinlan School of Business is pleased to announce the winners of its 19th annual Illinois Family Business of the Year Awards. This awards program recognizes exceptional Illinois-based family businesses that demonstrate a strong commitment to business development, family, and the greater-Illinois community. An awards gala honoring the winners and finalists, as well as the tradition, dedication, and success of the family enterprise, will take place on Tuesday, November 27, at 6:30 p.m., at The Four Seasons Hotel Chicago.

The 2012 Illinois Family Business of the Year awardees include:

This year’s awards drew nearly 200 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.

“The Illinois Family Business of the Year Awards program gives us the opportunity to celebrate the incredible contributions of family business to our communities and our economy,” said Andrew Keyt, executive director of the Loyola Family Business Center. “The center is pleased to honor these dedicated families and their businesses.”

Past award winners include Richards Graphic Communications, St. Andrews Golf & Country Club, Ed Miniat Inc., Crescent Electric Supply Co., Gonnella Baking Co., Neiman Brothers,

W.S. Darley & Co., Hoffer Plastics Corp., Grecian Delight Foods, Ferrara Pan Candy Co., Wisdom Adhesives, Stenstrom Companies Ltd., Rex Electric & Technologies LLC, Packer Engineering Inc., Sloan Valve Co., Nielsen-Massey Vanillas, Turano Baking Co., Raynor Garage Doors, Edward Don & Co., and many more.

For more information on the awards and to purchase tickets for the upcoming gala, please visit LUC.edu/fbc.

About the Quinlan School of Business Family Business Center
The Family Business Center at Loyola University Chicago’s Quinlan School of Business is an interdisciplinary Center of Excellence dedicated to serving multigenerational, mid- to large-sized family businesses. The center provides transformational learning experiences aimed at increasing effectiveness in planning, problem solving, and preparing current and future generations of family business owners and managers. As part of Loyola’s Quinlan School of Business, the center upholds the Jesuit tradition of excellence in education, focusing on responsible leadership and development of the “whole person.”

About Loyola University Chicago
Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, with more than 16,000 students. Nearly 10,000 undergraduates hailing from all 50 states and 82 countries call Loyola home. The University has four campuses: three in the greater Chicago area and one in Rome, Italy, as well as course locations in Beijing, China; Saigon-Ho Chi Minh City, Vietnam; Vernon Hills, Illinois (Cuneo Mansion and Gardens); and a Retreat and Ecology Campus in Woodstock, Illinois. The University features 10 schools and colleges, including the Quinlan School of Business, Marcella Niehoff School of Nursing, Stritch School of Medicine, College of Arts and Sciences, School of Communication, School of Continuing and Professional Studies, School of Education, School of Law, School of Social Work, and Graduate School. Consistently ranked a top national university by U.S.News & World Report, Loyola is also among a select group of universities recognized for community service and engagement by prestigious national organizations like the Carnegie Foundation and the Corporation for National and Community Service. To learn more about Loyola, visit LUC.edu, “like” us at Facebook.com/LoyolaChicago, or follow us on Twitter via @LoyolaChicago.

-Loyola-

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

Small Business Category: Adams Foam Rubber Co.

Since Julius “Red” Adams founded the company in 1950, Adams Foam has been creating custom foam packaging for a diverse range of products—from upholstered pet beds to scientific lab equipment. The company pins its longevity and success duly on its employees, most of who have been with Adams for many years. Now in the hands of Red’s great nephew, Lonny Gold, and his sons, the company is poised for future growth using innovative products like Green Cell Foam™, a biodegradable, compostable foam.

Finalists:
Erie-LaSalle Body Shop
Semler Industries

Medium Business Category: Siemer Milling Co.
Siemer Milling is entering its 130th year of processing wheat into flour, bran, wheat germ, and other products. A classic American success story, Siemer was founded by pioneers who passed the business down through five generations of family. The company continues to grow and thrive today. Mindful of their watchwords—respect, trust, and responsibility—Siemer has had a positive effect on the community by supporting local farmers and suppliers, spawning off two other successful family-owned businesses and participating in many local community efforts.

Finalists:
Associated Agencies Inc.
Camosy Construction
Louis Glunz Beer Inc.

Large Business Category: Medline Industries Inc.
Beginning with surgeon’s gowns in 1912, the Medline Industries product line has grown to more than 125,000 products, including exam gloves, incontinence products, wheelchairs, and skin care products for the health care market. Four generations of the Mills family have contributed to the success and growth of the company. And every family member who works for Medline starts in the field, learning the business from the ground up. Though family-owned, Medline feels that each of its more than 8,900 employees is vital to the operation, and they work hard to maintain an extended family atmosphere.

Finalists:
Alpine Bank
Graycor Companies
Mullins Food Products

Community Service Award: New World Van Lines
In a franchise-dominated industry, New World Van Lines has been able to outshine many, partly due to their ability to manage and control every aspect of their worldwide, customized moving, storage, and logistics services. With the third generation at the helm, and the fourth in managerial roles positioned for leadership, the Marx family believes much of the company’s success is due to the traditions started by their grandparents: striving for operational excellence while providing

superior customer service. Staying true to this tradition has paid off. New World continues to see improved productivity and significant growth in revenue and total assets.

Finalists:
Alpine Bank
Medline Industries Inc.

Century Award: Klein Tools Inc.
Klein Tools began with its first pair of Klein pliers in 1857. Through the years, the company has developed and produced a wide variety of hand tools and—with their motto “nothing less than the best to equip the professional”—they have become well regarded among professional tradesmen. Today, the Klein family’s 5th and 6th generations continue to manage and grow the company. In 2011, Klein opened the Advanced Manufacturing Technology Center dedicated to advancing research and development in manufacturing processes, assuring Klein’s success well into the future.

       

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