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Kemin Industries

Published June 23, 2020 Barbara Spector | Feature Article

When the Nelson Family Foundation decided to give $50,000 to the Food Bank of Iowa to help address a spike in need because of COVID-19, the plan was put into action quickly.“I think we initially had...

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J.W. Lopes

Published June 23, 2020 Barbara Spector | Feature Article

Jeff and Elyssa Kotzen’s hot yoga class on Friday, March 13 was not a zen experience.Jeff, the fourth-generation vice president of J.W. Lopes, a wholesale produce and dairy distributor in Chelsea, M...

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Sessler Environmental Services

Published June 23, 2020 Barbara Spector | Feature Article

When COVID-19 began to spread through the United States, the Sessler family saw an opportunity for one of their businesses.Sessler Environmental Services (SES) of Rochester, N.Y., provides environment...

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Values guide business families during COVID-19

Published June 23, 2020 Barbara Spector | Feature Article

The COVID-19 pandemic has forced business families to make decisions with sweeping ramifications. Steps taken to ensure business survival have had to be balanced with precautions to avoid health risks...

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Lacerta Group answers the call for face masks

Published June 23, 2020 Beth Braverman | Feature Article

Pivoting to make a new product quickly has always been a hallmark of Lacerta Group Inc., a family-owned plastic packaging manufacturer based in Mansfield, Mass.But never has the company shifted gears ...

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NextGens to Watch 2020

Published June 23, 2020 | Feature Article

Whether they aspire to work in the family company or take a leading role in governance, NextGen members of business families often struggle to find their niche. In addition to acquiring the experience...

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Succession planning is the key to family enterprise resilience

Published June 23, 2020 Robert "Bobby" Stover Jr. | Advisers

When a family business fails, most people suspect that estate taxes or incompetent advisers led to its demise, but that’s rarely the case. Even before the estate tax exemption increased at the end o...

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Adding independent directors takes your board to a new level

Published June 23, 2020 Steve McClure | Advisers

Soon after a family business recruits the first independent directors to its board, the business owners commonly marvel, “I am impressed that such remarkable and accomplished people would join our b...

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Quickstep pivot

Published June 23, 2020 Barbara Spector | Departments

For decades after COVID-19 finally fizzles out, scholars in many disciplines will be analyzing the lessons learned from this crisis. We don’t need the advantage of hindsight, however, to recognize o...

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The new normal

Published June 23, 2020 Caro U. Rock | Departments

Never in my wildest nightmares did I think we would still be in partial lockdown as the July/August issue of Family Business went to press, but here we are. While COVID-19 has wreaked havoc on our wel...

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Dueling Perspectives: Faith and the family business

Published June 23, 2020 Barbara Spector | Departments

The family owners of A. Duda & Sons — a diversified enterprise based in Oviedo, Fla., with operations in farming, ranching and agricultural management, real estate development and commercial pro...

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July/August 2020 Family Matters

Published June 23, 2020 | Departments

Scott Teerlinck has joined Crescent Electric Supply Co., a 101-year-old family company based in East Dubuque, Ill., as president and CEO. Teerlinck succeeds Marty Burbridge, who is retiring after more...

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At the Helm: G.A. Taylor Fernley

Published June 23, 2020 Patricia Olsen | Departments

Generation of family ownership: Fifth.About the company: We’re an association management company with the distinction of having founded the industry in 1886.Number of employees: We have 10 employees...

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Celebration Corner: Centier Bank's 125th anniversary

Published June 23, 2020 Barbara Spector | Departments

The Business: Centier Bank currently has 64 retail locations throughout Northern and Central Indiana plus a corporate campus in Merrillville, Ind. In April, the bank passed $5 billion in assets, a sig...

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Tips on interviewing life insurance advisers

Published June 23, 2020 Martin Valentic | Departments

The life of a business owner can be a constant stream of decisions — on a varied array of matters such as new[[{"fid":"12649","view_mode":"default","fields":{"format":"default","field_file_image_alt...

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Porto Barrel Polka

Published June 23, 2020 Scott Chase | Departments

Does the word “polka” evoke images of fast-moving people swirling in coordinated motion? If so, you have a good handle on what it’s like to work at Bouchard Cooperages and Quinta do Tedo, two fa...

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Family business owners weigh in on taxes, regulation

Published June 16, 2020 Patricia M. Soldano |

Legislators must know what is important to family business owners — what helps or hurts them when it comes to operating their businesses and creating more jobs. Laws affecting family businesses may ...

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How bias affected our decisions during the pandemic

Published June 9, 2020 Joseph Zaccardi |

The COVID-19 pandemic unleashed an avalanche of uncertainty and emotions for business owners and investors from which we are still digging out. We shifted our focus to self-preservation and our own we...

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Eight actions to secure your family’s future amid COVID-19

Published June 9, 2020 |

For enterprising families during the COVID-19 pandemic, it’s important not only to stay connected as a family, but also to ensure the family enterprise will survive and thrive. “The foundation for...

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Family firm with roots in Colonial America makes PPE

Published June 2, 2020 Lisa C. Johnson |

The Merrow family of New England have altered their business over the centuries, from a general store to a gunpowder maker to a sewing machine manufacturer to a maker of technical apparel. During the ...

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