14th Annual New Jersey Family Business of the Year Awards Announced.
MADISON, NJ (October 11, 2006) – Viking Yacht Company of New Gretna and John’s Meat Market of Scotch Plains were the winners of their respective categories in the Fourteenth Annual New Jersey Family Business of the Year Awards presentation on Tuesday, October 3. The competition is sponsored by the Rothman Institute of Entrepreneurial Studies at Fairleigh Dickinson University, PNC Bank, and New Jersey Monthly magazine.
Viking Yacht Company, a second-generation company, earned top honors in the Over $10 Million category while John’s Meat Market won the Under $10 Million category.
The awards program represents the only statewide effort to specifically honor family-owned companies for their significant role in the economy and contributions to the community. Co- sponsors this year include: Camares Communications, Crystal Plaza Caterers, PricewaterhouseCoopers LLP, PSE&G., and Riker, Danzig, Scherer, Hyland & Perretti, LLP. A total of 36 entries were submitted for the competition.
Virginia Bauer, New Jersey Secretary of the Commerce, Economic Growth & Tourism Commission, presented the opening remarks. Marlene Waldock, Founder of First Impression Communications, served as the master of ceremonies. To mark the event, Governor Jon Corzine issued a proclamation which made October 3 Family Business Day. Corzine acknowledged the importance of family-owned businesses in helping the Garden State maintain a resourceful and vibrant economy.
Viking Yacht Company employs 1300 people. Owned by two brothers, Bob and Bill Healey, the company’s history is full of dramatic twists, but the real story is the kindness with which the Healey family treats their employees. Bob and Bill can call most of them — all 1300 —by name, and many of them have worked for the company for more than 20 years.
The Healeys’s philanthropic efforts have focused on the needs of their employees and their families. They have shipped food, clothing, medicine and money to aid employee’s families living in El Salvador and Honduras and have provided special relief after hurricanes and earthquakes. They have built schools in rural areas of Mexico and have established trust funds for the children of deceased employees.
The Scotch Plains landmark that is John’s Meat Market opened its doors on April 17, 1939. John’s Meat Market is owned by the Losavio Family and was founded by patriarch John Losavio, who is still active in the business and now works alongside sons Vincent and Nicholas.
The Losavio Family has supported the Scotch Plains community for many years. The United Family and Children’s Society, Hearts for Humanity, the UNICO American Club, the Union County Department of Human Services, and St. Bartholomew’s Church are among the many organizations that the Losavios have supported through the years. To recognize the family’s role in the community, the town of Scotch Plains recently renamed a local street in honor of John Losavio.