2009 Massachusetts Family Business of the Year Award Winners Announced

Boston, MA, May 07, 2009 --(PR.com)-- The Massachusetts Family Business of the Year winners were announced at the 3rd annual Massachusetts Family Business of the Year awards program on April 29, 2009.

The 2009 Massachusetts Family Business of the Year Award winners are:

SALMON Health and Retirement, Northbridge MA, – The Karofsky Award, for companies with over 250 employees.

FIBA Technologies, Millbury MA, The Molloy Award, 50 – 250 employees

Elaine Construction, Newton MA, The Paisner Award, below 50 employees

The Award categories are based on the number of full time employees and all Massachusetts-based family-owned business that include, or has included more than one generation, are eligible.

“Family businesses represent the best in business,” stated Ted Clark, Director of the Northeastern University Center for Family Business. Clark continued, “We were thrilled to continue the Awards program again this year. There are so many great family businesses in the state it’s exciting to honor them at this program.”

Past Massachusetts Family Business of the Year Award winners include: Bernie & Phyl’s Furniture, New England Coffee, The Lupoli Companies, Avedis Zildjian Co., Camp Thoreau, and Crescent Ridge Dairy.

The Massachusetts Family Business of the Year Awards program was originally created in a partnership between Northeastern University's Center for Family Business and The Family Firm Institute New England Chapter to promote and highlight some of the great achievements of Massachusetts-based, family-owned businesses and entrepreneurs.

About Northeastern University's Center for Family Business
Northeastern University's Center for Family Business is a membership organization that provides education, networking opportunities, and support to business families. The Center helps its members identify and avoid potential pitfalls, solve complex interpersonal and family business issues, and plan for future family business success in an increasingly more competitive environment.

About Northeastern University College of Business Administration
The College’s BS in International Business is ranked 13th in the nation for international business programs by U.S. News & World Report. BusinessWeek ranks the undergraduate business program 26th in the country and number 1 for internships.

Katelyn Husereau
Northeastern University
Center for Family Business
617.373.3718
k.husereau@neu.edu

Source Northeastern University Center for Family Business

Katelyn Husereau, 617-373-3718, k.husereau@neu.edu

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