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Day & Zimmermann

Published August 23, 2019 | Feature Article

Day & Zimmermann, based in Philadelphia, offers services to the engineering, construction and maintenance, staffing and defense industries. The company operates from more than 150 locations global...

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Crescent Electric Supply Co.

Published August 23, 2019 | Feature Article

Crescent Electric Supply Company, a wholesale electric supply distribution company based in East Dubuque, Ill., was founded in 1919 by Titus B. Schmid and today serves the electrical, commercial const...

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The Clemens Family Corporation

Published August 23, 2019 | Feature Article

The Clemens Family Corporation, founded in 1895, is headquartered in Hatfield, Pa. The company employs more [[{"type":"media","fid":"11258","view_mode":"default","instance_fields":"override","att...

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Bush Brothers & Company

Published August 23, 2019 | Feature Article

The company that makes BUSH’S BEST brand canned baked beans was founded in 1908 by A.J. Bush. Today Bush Brothers & Company is headquartered in Knoxville, Tenn., with production locations in Che...

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The Biltmore Company

Published August 23, 2019 | Feature Article

George Washington Vanderbilt came to the Blue Ridge Mountains of Asheville, N.C., in 1888 and built a grand estate, where he lived with his family. Biltmore House, the main residence, is America’s l...

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The Agnew Family Enterprise

Published August 23, 2019 | Feature Article

The Agnew Family Enterprise was founded when Samuel A. Agnew joined the Eastern Railway & Lumber Company in 1903.[[{"type":"media","fid":"11255","view_mode":"default","instance_fields":"override",...

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A. Duda & Sons Inc.

Published August 23, 2019 | Feature Article

Founded by Andrew Duda in 1926 as a celery farm, DUDA is now a diversified family enterprise based in Oviedo, Fla., with holdings in 19 states. The business has four main pillars of operations: Duda F...

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Celebrating 30 Exceptional Families

Published August 23, 2019 | Feature Article

To celebrate its 30th anniversary, Family Business honored 30 outstanding family businesses:A. Duda & Sons Inc.The Agnew Family EnterpriseThe Biltmore CompanyBush Brothers & CompanyT...

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A higher calling

Published July 2, 2019 Hedda Schupak | Feature Article

The year was 1982. After an antitrust lawsuit that had dragged on for eight years, the U.S. Department of Justice mandated that AT&T Corp. end its vertically integrated monopoly on telephone servi...

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The pros and cons of debt

Published July 2, 2019 Maureen Milford | Feature Article

For many family business owners, debt is a four-letter word that’s synonymous with risk, vulnerability and outside control.Take Gregory Pettinaro, managing partner of Pettinaro Enterprises, a real e...

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Valuation: A worthy cause

Published July 2, 2019 Barbara Spector | Feature Article

Most multigenerational family companies eventually will buy out a family shareholder, or at least redeem some stock held by a family member. Sometimes it’s the culmination of a planned transition (a...

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Survey results offer insights on competitiveness

Published July 2, 2019 Barbara Spector | Feature Article

How important is talent management to family businesses? It’s a major, pressing concern, according to a new survey of U.S. family business leaders by global professional services firm PwC. The perce...

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Overcoming emotions and conflicts to plan for leadership succession

Published July 2, 2019 German Herrera | Advisers

The influential founder and chair of a multibillion-dollar family company suddenly fell ill. The founder and chair had worked closely with a non-family CEO on a day-to-day basis. Financial performance...

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Succession planning must address family and business transitional issues

Published July 2, 2019 George A. Isaac | Advisers

During generational transitions, many family businesses are sold or experience declining business performance and family problems. Inadequate or nonexistent succession plans are generally the underlyi...

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A family enterprise mindset fosters capacity building in a changing world

Published July 2, 2019 Greg McCann | Advisers

Running a family business today can sometimes feel like running a marathon in which the course keeps changing. At first glance, it may look as if your goal is as straightforward as it’s ever been: D...

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Create a formal process for managing conflict

Published July 2, 2019 Carrie G. Hall | Advisers

Family business feuds capture the public imagination. Last year, HBO introduced an original series, Succession, that centered on a quarreling fictional family who control an international media empire...

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When the 'hard side' meets the 'soft side'

Published July 2, 2019 Barbara Spector | Departments

In the family business world, issues tend to be divided into those requiring “hard side” expertise (such as investing, tax planning and legal compliance) and those necessitating “soft side” co...

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The Greatest Generation

Published July 2, 2019 Caro U. Rock | Departments

In the past year and a half, I lost three outstanding human beings: my beloved father, Paul Uhlmann, my dear father-in-law, Milton Rock — both patriarchs of our family businesses — and then in Apr...

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Dueling Perspectives: Jeremy Kanter and Lisa Wojcik Kiser

Published July 2, 2019 Barbara Spector | Departments

Jeremy Kanter joined his family business, Cincinnati-based Rookwood Properties, soon after graduating from the University of Cincinnati. Lisa Wojcik Kiser worked elsewhere before joining her family fi...

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At the Helm: Scott Hunt

Published July 2, 2019 Patricia Olsen | Departments

Generation of family ownership: Second. My father and three brothers started the business, and my brother Britt is our biggest distributor.[[{"fid":"11030","view_mode":"default","fields":{"format":"de...

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