Thursday, January 17, 2019

Four Generational Companies Celebrate 180th Anniversaries in 2019

All four companies reaching their 180th anniversary this year are family owned and operated, two are 6th generation of the founding family. Join me in congratulating these amazing businesses.

E.B. Horn Jewelers is Boston's oldest jewelry store. Founded by clock and watchmaker Edwin Horn, the business is now owned and operated by 3rd generation Finn family cousins (the Finn family bought the store from the Horn family in the 1940s), with the 4th generation involved as well. A large grandfather clock built by Edwin Horn still stands in the store.

Moulton Ladder & Supply Company of Philadelphia is another 3rd generation business celebrating 180 years in 2019. Perhaps the oldest ladder company in the U.S., it was the first manufacturer of wooden ladders and has evolved into a wholesaler of all types of industrial ladders and scaffolds.

Sixth generation Schaeffer Manufacturing Company of St. Louis started out providing greases and oils for wagon trains and steamboats. Today, Schaeffer's Specialized Lubricants have a achieved world-class reputation for improving engine performance and fuel economy, plus they offer a diverse line of industrial lubricants, greases, and oils.

Another 6th generation company celebrating 180 years in business is Suter's Handcrafted Furniture of Harrisonburg, Virginia. Founded by Swiss master craftsman Daniel Suter, today they still create heirloom furniture meant to last a lifetime.

Read more about how companies such as these four have managed for long-term success in my book Lessons from Century Club Companies: Managing for Long-Term Success available on Amazon. 

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