WACO, Texas (Sept. 5, 2012) – Baylor University’s Institute for Family Business will honor the 2012 Texas Family Business of the Year award winners and finalists at an awards banquet on Thursday, Nov. 8 at the University’s Bill Daniel Student Center.
The program recognizes outstanding firms whose families demonstrate a commitment to each other and to business continuity, and who are responsive to the needs of their employees, communities and industries. Entries are judged on the following criteria: family involvement, community and industry involvement, and business success and succession.
“Considering all the recent pressures which have fallen upon business owners – economic downturn, the new healthcare expense issues and enormous regulatory restraints, it is really difficult to operate profitable businesses these days,” said J. David Allen, director of the John F. Baugh Center for Entrepreneurship at Baylor’s Hankamer School of Business.
“When family issues are added to the mix great skill and judgment are required to remain successful. We really value, respect and honor family businesses that can balance all the issues, business and family, and continue to operate successful businesses. They are truly remarkable,” he said.
This year’s winners are:
Small Family Business of the Year – All-Star Martial Arts and Fitness, Inc. - Cypress
Medium Family Business of the Year – Claffey Pools, Inc. - Southlake
Large Family Business of the Year – Johnson Roofing, Inc. - Waco
Community Commitment Award – The Dwyer Group - Waco
Family Values Award – Sabine Pipe, Inc. - Kilgore
Fastest Growing Award – Image Hospitality - Frisco
Well-Managed Award – DW Distribution, Inc. - Desoto
Founders Award – O’Day Drilling Company, Inc. - Rosharon
Heritage Award – Pendery’s Taste Merchants - Dallas/Fort Worth
Finalists in the competition are: Advanced Chemical Logistics, Ltd., Richland Hills; Alloy Metals and Tubes International, Inc., Houston; Auto Exam, Inc., Houston; Billy’s Automotive Service, Fort Worth; Brasher Motor Company of Weimar, Inc., Weimar; Broome Welding Company, Inc., Galveston; Hakim Sons Films, Inc., Dallas; Modern Method Gunite, Inc., Houston; Texas Disposal Systems, Austin; White and Associates Real Estate Services, Grand Prairie.
Through the Texas Family Business of the Year program and other activities, the Institute for Family Business fulfills its mission to provide a forum for the development and dissemination of information relevant to the health and continuity of family businesses. Other educational and planning programs available to family business owners through the Institute include special interest seminars and entrepreneurship training classes.
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