Monday, April 11, 2011

Family Business Center Names 2011 Winners

The Wake Forest University Schools of Business Family Business Center and Business North Carolina will recognize the community contributions and achievements of family-owned businesses during a special event on Thursday, April 28, at 6-9 pm at the Reynolda House in Winston-Salem.

Baker Roofing of Raleigh will be honored with the Generations Award for exceptional longevity in family ownership. The company was founded in 1915 by W. Prentiss Baker Sr. and specializes in roofing, sheet metal, renewable energy, coatings, maintenance and repairs, restoration, siding and windows. Baker Roofing is the third-largest roofing company in the United States. Eight family members actively work in this business which employs 750 people in 10 locations.

Stephenson Millwork Co. of Wilson will receive the Family Business of the Year Award in the large category (100+ employees). Stephenson Millwork is a third generation architectural millwork family business founded in 1946 by Russell Stephenson. It is the largest millwork company in North Carolina and one of the largest in the Southeast, employing 120 people in two locations.

Salem Printing in Winston-Salem will be awarded in the medium-sized business category (50-100 employees). Salem Printing was founded in 1987 by Philip and Janette Kelley along with family friend and partner Don Whitaker. The company provides complete commercial, packaging and flexographic printing service solutions. Salem Printing has four family members among more than 80 employees in the Triad.

Ruff Housing of Winston-Salem is family business specializing doggie daycare and boarding. It will receive the Family Business of the Year award in the small business category (less than 50 employees). Kim and Roger Vaughn bought Ruff Housing in 2008 and have three family members among 40 employees. The business has grown sevenfold over the past two years.

Judging criteria for the Family Business Awards include: innovative business strategies and practices, business growth and new development, contributions to community and industry, involvement by different family members and generations, and commitment to family well-being.

To be nominated, a business must have its headquarters in North Carolina. The nomination process runs from July through November each year.  Nominations and competed applications can be submitted online at (www.business.wfu.edu/fbc). Tickets to the awards event on April 28 are $125 each or (8 for $800).

The Family Business Center at Wake Forest University Schools of Business was established in 1999 to address the unique issues faced by closely held and family-owned firms. Utilizing the capabilities and educational resources available at Wake Forest, in our community and nationally, the Family Business Center provides closely held and family firms the assistance they need to grow and succeed from generation to generation.

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