Sixteen Families will be Honored by the Eighteenth Annual New Jersey Family Business of the Year Awards

MADISON, N.J. (September 23, 2010)— Sixteen family-owned businesses will share the spotlight at the Eighteenth Annual New Jersey Family Business of the Year Awards presentation, which will take place during an awards luncheon on from 11:30 a.m. to 2 p.m. on Tuesday, October 12, 2010 at the Crystal Plaza Caterers in Livingston.

All of the finalists and semifinalists in each category—those companies with annual revenues up to $10M and those over $10M—will be honored during the ceremony.  The names of the winners, selected from among the finalists, will be revealed for the first time at the luncheon.

The awards program, sponsored by the Rothman Institute of Entrepreneurship at Fairleigh Dickinson University, PNC Bank, and New Jersey Monthly magazine, represents the only statewide effort to specifically honor family-owned companies for their significant role in the economy and contributions to the community.  

Tickets to this event are $60. For more information or to register, call (973) 443-8880. For directions to the Crystal Plaza, go to

Companies that will be honored are:

Over $10 Million Category:
Accurate Box Co., Paterson, was founded in 1944 by Henry Hirsh. It started as a small folding carton company. Hirsh’s son Charles Hirsh took over the business in the 1960s and grew the company as a folding carton manufacturer specializing in large format packaging. Lisa Hirsh assumed the position of president in the 1990s as the third generation of the Hirsh family to run the business.

Advanced Digital Data, Flanders, has been providing computer solutions for the petroleum, propane, and convenience stores industries. Bruce Bott founded Advanced Digital Data in 1973 and is still the president for the company.

Becht Engineering, Liberty Corner, was founded over 40 years ago by Charles Becht III, P.E. Becht Engineering has been providing engineering services to two very different clientele: the process and power business sector, which includes the oil, gas, petrochemical fields, and the building technologies business sector which includes mechanical, electrical, plumbing, and fire protection engineering.

Data Reduction Systems, Union, was founded in 1985 by Rick McQuade. Its first client was Dun & Bradstreet. Data Reduction Systems develops information management for small- to enterprise-size companies in high-volume paper generating industries, such as pharma.

Energy Kinetics, Lebanon, is a leader in the heat transfer and energy efficiency field. Founded in 1979 by John Marran as a response to energy crisis of the 1970s, Energy Kinetics has grown over the past three decades to become the nation’s leading manufacturer of innovative, high-efficiency heating and hot water systems.

Montrose Molders, South Plainfield, started over 40 years ago as a 22-man mold building shop. Since then, it has grown into a 150 person full-service molding facility with operations in New Jersey and Asia.

Otterstedt Insurance, Bergen County, is a full-service insurance agency providing personal, business, life, and health insurance for the past 60 years to its clients.

Wellshire Farms, Swedesboro, was founded by Lou Colameco III in 1996 because he wanted his family to eat well. Today, it’s Wellshire brand meats are sold in all 50 states.

Up to $10 Million Category:

AJ O’Connor & Associates, Parsippany, is a second-generation family-owned human resources firm.

Lont & Co., Prospect Park, was founded in 1902. Since then, they have been providing one-stop printing solutions to clients.

Turul Bookbindery, Jefferson Twp., has been providing bookbinding, book repair and book restoration for 80 years. It is now one of only 100 full-service bookbinders left in the United States.

Singer Nelson Charlmers, Teaneck, is a second-generation insurance firm that provides insurance for law and design firms.

Messina Wildlife Management, Washington, is a privately-owned corporation that manufactures a full line of organic animal management tools.

Stellato Funeral Homes, Lyndhurst, was established in 1950. Over the years, the Stellato family has expanded its business and now operates three funeral homes in Northern New Jersey.

Roman Jewelers, Flemington, is a fourth generation family-owned and operated jewelry company.

Ingrassia Construction, Middlesex, is a full service general construction company serving the needs of the public and private sectors. It was founded in 1928.

For Immediate Release

FDU Public Relations
   (Metropolitan Campus Office)
Fairleigh Dickinson University
1000 River Road
Teaneck, NJ 07666

Dina Schipper
Director, University Public Relations

Melissa Payton

FDU Public Relations
   (College at Florham Office)
Fairleigh Dickinson University
285 Madison Avenue
Madison, NJ 07940

Scott Giglio
Assistant Director, Public Relations

Lillian Lukac