Loyola University Chicago

Quinlan School of Business

archive

Illinois Family Business award winners announced

Illinois Family Business award winners announced

The Illinois Family Business of the Year Awards recognize multi-generational family business involvement, contributions to industry and community, and innovative business practices and strategies.

The Family Business Center at Loyola University Chicago’s Quinlan School of Business is pleased to announce the winners of its 23rd annual Illinois Family Business of the Year awards.

Presented in six categories, the awards recognize companies with exceptional commitment to family and family business. The center continues to recognize deserving family businesses, and celebrate the family enterprise as it has for more than two decades.

An awards gala honoring the winners and finalists, as well as the tradition, dedication, and success of the family enterprise, will take place on Wednesday, November 16, at 6:30 p.m. at the Four Seasons Hotel Chicago.

2016 award winners

The 2016 Illinois Family Business of the Year awardees are:

  • Small Family Business of the Year
    Winner: Henry Bros. Co.
    Finalists: A. Perry Homes, Kopicki Family Funeral Homes
  • Medium Family Business of the Year
    Winner: Regis Technologies
    Finalists: Edlong Dairy Technologies, MidCo, Inc.
  • Large Family Business of the Year
    Winner: Steiner Electric
    Finalists: Alpine Bank, IDEAL Industries
  • Community Service Award
    Winner: Alpine Bank
    Finalists: Garvey’s Office Products, Handi-Foil
  • Dean’s Award
    Winner: Jelmar
  • Century Award
    Winner: IDEAL Industries

About the awards and gala

The awards drew nominations in six categories: Small (companies with fewer than 50 employees), Medium (50 to 250), Large (more than 250), Community Service, the Dean’s Award, and the Century Award. Those recognized have demonstrated positive family/business linkage, multigenerational family business involvement, contributions to industry and community, and innovative business practices and strategies.

The center’s inspiration for the awards program comes from its numerous nominees: successful and dedicated family businesses whose generosity, innovation, and community involvement have left powerful and lasting impressions. 

“Illinois family businesses, big and small, have a huge impact on our state economy, and they make a very big difference in our local communities, as well,” said Anne Smart, director of the Loyola Family Business Center. “It’s a privilege to shine a spotlight on these committed families and their businesses, and celebrate them through the Illinois Family Business of the Year Awards.”

This year’s sponsors include BMO Harris Bank, Katten Muchin Rosenman, Grant Thornton, MassMutual Hoopis Financial Group, MB Financial Bank, Oxford Financial Group, Perkins Coie, The Private Client Reserve of U.S. Bank, Crain’s Chicago Business, and Eli’s Cheesecake.

For more information on the Illinois Family Business of the Year Awards and to purchase tickets for the awards gala, please visit LUC.edu/ILFBOYGala.