PORTLAND, Ore. – Bike Newport of Newport, Colas Construction of Portland, IB Roof Systems of Eugene and Wilcox Farms Organic Eggs of Wilsonville and Roy, Wash., will be recognized as winners at the 2011 Excellence in Family Business Awards at a ceremony Nov. 17 at the Governor Hotel in Portland.
The awards are presented by Oregon State University’s Austin Family Business Program.
Six companies and two individuals will receive the 2011 Excellence in Family Business Awards. Eight additional companies will be recognized as finalists at the awards event. More than 170 companies have received this recognition since the awards were first presented in 1988.
Sherri Noxel, director of the Austin Family Business Program, said the event offers an opportunity for families to be recognized for their commitment to family business.
“Each of the awards winners this year exemplifies why the Austin Family Business Program is committed to fostering healthy family businesses,” she said. “Especially in this current economy, it is important for family businesses to remain healthy and the 2011 winners have demonstrated that they can remain viable.”
The awards recognize the achievements of family businesses in innovation, entrepreneurship, and commitment to community involvement.
Bike Newport of Newport won the award in the micro category, which is open to businesses with nine or fewer employees. The company is being recognized for changing business lines to adapt to new opportunities, generating new community revenue and demonstrating its passion for family happiness in family business.
Portland-based Colas Construction, Inc. is the winner of the small family business category, which honors businesses with 10-24 employees. The business is being recognized for establishing strategic partnerships for long-term success, setting a powerful vision for the family business and for giving the second generation the freedom to choose their future.
Eugene-based IB Roof Systems is the winner in the medium category for businesses with 25-99 employees. IB Roof Systems was honored because of the company’s willingness and capacity to make successful management changes, effectively engage all family members in the business, and develop exemplary family governance policies.
In the large category (100 or more employees), Wilcox Farms Organic Eggs from Roy, Wash., and Wilsonville was recognized for its commitment to vertical integration to support sustainability, a sophisticated outside board structure and the transition to a values-based company and new generation management.
Also honored at the event will be Brad Withrow-Robinson, a forester from the OSU Yamhill County Extension office, and Alyssa Duval, who is from the DuVal Farms family in Silverton and is studying crop and soil science at OSU.
Founded in 1985, the Austin Family Business Program is a university-based family business program providing inspiration, education, outreach, and research to support the success and survival of family businesses.