Loyola Student Dispatch

Bringing Breaking News to Loyola University Chicago

Loyola’s announces Family Business Award winners

Posted by jlivinghouse on October 11, 2012

By Jess Livinghouse

The Family Business Center at Loyola University Chicago’s Quinlan School of Business has announced the winners of its annual Illinois Family Business of the Year Awards. The awards program has been recognizing outstanding family businesses in for 19 years.

The 2012 Illinois Family Business of the Year awardees include:

  • Small Family Business of the Year: Adams Foam Rubber Co.
  • Medium Family Business of the Year: Siemer Milling Co.
  • Large Family Business of the Year: Medline Industries Inc.
  • Community Service Award: New World Van Lines
  • Century Award: Klein Tools Inc.

A gala to will be held on Nov. 27 at the Four Seasons hotel the winners and finalists.

Here is the news release from Loyola University:

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:

  • Small Family Business of the Year: Adams Foam Rubber Co.
  • Medium Family Business of the Year: Siemer Milling Co.
  • Large Family Business of the Year: Medline Industries Inc.
  • Community Service Award: New World Van Lines
  • Century Award: Klein Tools Inc.

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.”

Read the full press release here: Family Business Awards

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