Tuesday, July 28, 2020

Companies Celebrating 105th Anniversaries in 2020


The 27 companies founded in 1915 that are still prospering in 2020 show an industry concentration not often seen in Century Club Companies: 11 of them are associated in some way with the construction industry. One follower has speculated this is because of the strong local relationships and reputations that are necessary to succeed in the construction business and, as readers of my book Lessons from Century Club Companies: Managing for Long-Term Success know, being an active community supporter is one of the five longevity factors uncovered in my research. I also find it interesting that three of these companies are confectioners - yum! Though five of the companies celebrating their 105th anniversary are manufacturers, just two are public. At least 17 are generational family firms. Here is the list:

Attman's Delicatessen, Baltimore MD (3rd generation)

Baker Roofing, Raleigh NC (3rd generation)

Black & Veatch, Overland Park KS (ESOP)

Birnn Chocolates of Vermont, South Burlington VT (4th generation)

Campbell Lumber & Supply, Superior WI

Charles River Bancorp, Medway MA

Commercial Metals, Irving TX (public)

Cramer's Home Building Centers, East Stroudsburg PA (3rd generation)

Delaware North, Buffalo NY (3rd generation)

Donaldson Company, Bloomington MN (public)

Gannett Fleming, Camp Hill PA

General Agency, Mount Pleasant MI (5th generation)

Haven's Candies, Portland ME

Hubbell, Roth & Clark, Bloomfield Hills MI (3rd generation?)

Kogetsu-Do Confectionery, Fresno CA (3rd generation)

Kottler Metal Products, Willoughby OH (4th generation)

Kruse Lumber, Rocherster MN (2nd generation)

Lanzafame Furniture, Pittsburg CA (3rd generation)

Mannington Mills, Salem NJ (4th generation)

Midmark, Dayton OH (4th generation)

Patrick Lumber, Portland OR

Rygwelski's IGA, Rogers City MI (4th generation)

Ruhlin, Sharon Center OH (3rd generation)

Union Bank & Trust, Monticello AR

Weidel Real Estate, Pennington NJ (4th generation)

Western Specialty Contractors, St. Louis MO (3rd generation)

William P. Meyer, Stamford CT (4th generation)

No comments:

Post a Comment