C.W. Post 1998 Family Business of the Year Award Winners
The Center for Family Business of the School of Continuing Studies at
the C.W. Post Campus of Long Island University is proud to announce the
winners of the 1998 Family Business of the Year Awards:
Category I: Fewer than 50 employees
Winner: Trio Hardware, Plainview, NY, a retail and industrial hardware
store.
Category II: 50-250 employees
Winner: Castagna Realty, Manhasset, NY, a leading diversified real estate
company.
Category III: More than 250 employees
Winner: All Metro Health Care, Lynbrook, NY, home health care and domestic
household service consolidator with 17 locations and 3,500 employees.
Owners, their families and employees were recognized at a ceremony held
on October 7 at Milleridge Cottage House in Jericho. Now in its third year,
the Family Business of the Year awards program emphasizes the positive
contributions made by family-owned firms to the community and Long Island's
economy. In addition to business success, winners showed positive family/business
linkage, multi-generational family business involvement, innovative business
practices or strategies, and contributions to industry and the local community.
Nominations are judged by a panel consisting of principal family businesses
and Center for Family Business board members.
There were also four finalists for the Family Business of the Year awards:
Hendrickson Fuels, a home heating oil distributor, Bay Shore; Integrated
Control Corp., producer of electronic controls for commericial and industrial
applications, Huntington; M. & V. Provisions Co., Inc., a wholesale
food distributor, Brooklyn; and TRITEC Real Estate, a full-service real
estate company, East Setauket.
"By initiating these awards and issuing them on an annual basis,
we focus attention on successful family businesses as positive examples
of private enterprise and social responsibility that benefit our communities,
our state and our society," said C.W. Post Professor Owen Smith, director
of the Center for Family Business.
"The ceremony was a perfect tribute to family businesses of Long
Island," said Dr. Nishan Najarian, dean of the Long Island University
School of Continuing Studies and one of the founders of the Center for
Family Businesses. "We will keep the momentum going until next year,
when we honor another distinguished group of people."
Corporate sponsors of the Center for Family Business are PricewaterhouseCoopers,
one of the Big Five accounting firms; MassMutual, one of the nation's premier
mutual life insurance companies; Farrell, Fritz, P.C., one of Long Island's
leading law firms; and Chase Manhattan Bank, one of the largest banking
organizations in the nation.
The Center for Family Business was the first of its kind on Long Island.
It was founded in 1994 by the School of Continuing Studies at the C.W.
Post Campus of Long Island University. This not-for-profit Center provides
an educational forum in which owners, families and workers of family businesses
can explore problems that are unique to them as well as exchange ideas
with other family business owners. The CFB's educational programs, which
include seminars and round-table discussions, explore such topics as family
relationships, family traditions and values, issues of control, as well
as particularly sensitive topics such as family conflicts and compensation
for spouses, in-laws and siblings.
For more information call the Center for Family Business at (516) 299-2236.
For more information call the C.W. Post Public
Relations Office at (516) 299-2333 or e-mail pr@cwpost.liu.edu
or send mail to: Long Island University, C.W. Post Campus, 720 Northern
Blvd., Brookville, New York 11548-1300.
