Tuesday, November 26, 2019

Updated List of Century Club Companies

A second edition of my book is now available in paperback and as an e-book. Having discovered a number of "new" US companies in continuous operation for over 100 years, membership in the Century Club is now up to 1086 firms. 86% of these are privately-owned, many are generational family companies: 43% are in their 4th generation or higher. Century Club companies cross industries, though some industries have a higher concentration of "old" companies, such as manufacturing, banking and finance, mining and utilities. Every state except Alaska has at least one company over 100 years old. Find out the lessons for long-term success based on research of these companies!

Thursday, September 19, 2019

Michigan's Oldest Company?

Sixth generation family owned and operated Northville Lumber in Northville, MI is likely Michigan's oldest continuously operating independently owned company. Congratulations to the Yerkes family on this remarkable accomplishment of 192 years and best wishes for many more years to come!

Monday, September 16, 2019

11 Firms Celebrate 125th Anniversary in 2019

Four 4th generation and one 5th generation family firms are among the 11 companies celebrating their 125th anniversaries this year. Five others are privately owned with just two public. Here they are:

Buckley Shoes Bad Axe, MI Retail footwear

Duarte's Tavern Percadero, CA "American cooking with a Portugese influence" 4th generation

Eikenhout Grand Rapids, MI Lumber and building materials

Frankenmuth Woolen Mill Frankenmuth, MI Wool and wool bedding products

Freese and Nichols Fort Worth, TX Engineering, architecture & construction

Harris Levy New York, NY Retail linens, 4th generation

The Hershey Company Hershey, PA Food and candy (public)

Hershey Creamery Harrisburg, PA Ice cream (closely held public; 4th generation)

Metcalf & Jonkhoff Funeral Grand Rapids, MI Funeral services 5th generation

Miner Enterprises Geneva, IL Manufacture rail car components

Wiedenbeck Madison, WI Metals fabrication 4th generation

Monday, May 13, 2019

2nd Edition Book Available

The 2nd edition of my book, first published in 2016, is now available at Amazon and Barnes & Noble. It includes an updated list of Century Club companies, which now total over 1,000. I have also added answers to a few more questions I have received about my research as well as some graphics sorting the company list by state, public/private, and generational ownership. I hope you enjoy the stories about these remarkable companies that have survived for over 100 years.

Two 5th Generation Businesses Celebrate 170 Years in 2019

Out of nine firms celebrating their 170th anniversaries this year, two have remained in the family for five generations: Hemp's Meats (www.hempsmeats.com) has been providing top quality meats to Jefferson, Maryland and surrounding areas since 1849.

And Pennsylvania furniture retailer Teeter's Furniture (www.teetersfurniture.com) has also run a funeral business over the years.

In 1849 it was not that unusual for a small town cabinetmaker to also serve as undertaker. But the Teeter family has managed to continue doing both businesses for 170 years and that is remarkable. 

Thursday, February 28, 2019

Van Dusen Beverages Is One of Nine Companies to Celebrate 170th Anniversary in 2019

Astoria Pepsi-Cola bottler Van Dusen Beverages claims to be Oregon's oldest business. Established in 1849 as Van Dusen Mercantile, they have been a Pepsi and Dr. Pepper bottler since 1947. Today they offer a wide range of beverages as well as chips and snacks and are still owned by the Van Dusen family. Century Club congratulations on your 170th Anniversary!

Monday, February 4, 2019

Nine Companies Hit 150 Years in 2019

1869 Often referred to as the Reconstruction Era, the United States was struggling to recover from the Civil War. These nine companies began operations and have continued serving customers for 150 years.

Baker Boyer is a Walla Walla, Washington based financial institution. Founded in 1869, it was the first bank in what would become the State of Washington 20 years later.

Campbell's is still based in Camden New Jersey where it began making soups 150 years ago. Now they sell a number of food products in over 100 countries around the world.

In 1869 the Connecticut Legislature approved the charter of Dime Savings Bank of Norwich. This was a time when banking was not always available to the working class, so a group of local businessmen established a mutual savings bank. Today, Dime is still owned by its depositors.

Elmira Savings Bank, organized as a mutual bank in 1869, has converted a public company with its stock available on NASDAQ but still proudly operates as an independent community bank headquartered in Elmira, New York.

Founded by Marcus Goldman in 1869 (son-in-law Samuel Sachs joined him in 1882), Goldman Sachs has grown into one of the largest investment banking enterprises in the world.

Graybar is an industrial and electrical supply distributor based in Clayton, Missouri. It is one of the largest employee-owned companies in the United States.

Gustav Goelitz came to the U.S. in 1866 and in 1869 started a confectionery business. Known initially for candy such as candy corn, the company expanded into jelly beans in the 1960s. In 2001 the company known for four generations by the family name, renamed itself after their most popular product. 

Mohonk Mountain House is a spa resort in New York's Hudson Valley, 90 miles north of New York City. Founded by Albert Smiley in 1869, this Victorian castle continues to thrive 150 years later under 4th & 5th generations of the Smiley family.

The Vindicator Printing Company is based in Youngstown, Ohio. Best know for its daily newspaper, The Vindicator, it also runs other media.