Company received Grand Award for a medium-sized company
Seven family businesses were honored in the eighth annual Wisconsin Family Business of the Year Award banquet held Thursday evening in Madison, Wis. Three grand awards were presented along with four special awards.
According to the Family Firm Institute, more than 80% of all business enterprises in North America are family-owned. Nearly 35% of Fortune 500 Companies are family firms. Family businesses account for 78% of all new job creation, 60% of the nation’s employment and 50% of the gross domestic product.
“We see the difference that family businesses make in their Wisconsin communities,” said Jeff Schleicher, managing partner of Smith & Gesteland, one of the award sponsors. “They have lead us out of the recession with innovative business practices and a culture of determination.”
Winners were selected by an independent panel of judges from nominations submitted by the companies. The award program is sponsored by Smith & Gesteland, a Madison-based CPA and consulting firm; Associated Bank; and DeWitt Ross & Stevens, a Madison-based law firm.
Grand awards were presented in three size categories: Large (100 or more employees), Medium (50 to 99 employees) and Small (less than 50 employees). Special awards were given by the judges to companies excelling in a particular area.
C.G. Schmidt, Milwaukee – Large Company;
Hellenbrand Water, Waunakee – Medium Company; and
Botham Vineyards, Barneveld – Small Company.
Hunzinger Construction Co., Brookfield – “Community Star”;
Standard Process Inc., Palmyra – “Setting the Gold Standard”;
The Fireside Dinner Theatre, Fort Atkinson – “The Show Must Go On”; and
Rockweiler Insulation Inc., Verona – “Hometown Hero.”