ROMEOVILLE, IL, October 2019 — We are honored to announce that the Loyola Family Business Center selected Magid as the winner of the Illinois Family Business of the Year award in their Large Business category. The award will be presented at an award gala on Thursday, November 21, at 6:30 p.m. at the Four Seasons Hotel in Chicago.
A panel of judges – made up of previous award winners, corporate representatives, and Loyola faculty – review the applications each year and select the winners in small, medium, and large business categories. The panel considers family businesses with high scores for the following attributes:
- Business Success
- Positive Family-Business Linkage
- Multiple Generation Family Business Involvement
- Contributions to Community and Industry
- Innovative Business Practices or Strategy
The Illinois Family Business of the Year Awards honors the heroes who are part of their family businesses. The generosity, innovation, and community involvement of family businesses has a powerful impact wherever they operate. – Quinlan School of Business Website.
This award reflects Magid’s values. We do serious work, but we have fun working together. The importance of family is an essential foundation for both our business practices and our company culture. We support our customers and the families that rely on them by helping companies keep their workers safe. To us, our entire Magid team is like a big family. – Gigi Cohen, Executive Vice President – Magid
Well-known past recipients of the Large Family Business of the Year Award include:
- Steiner Electric (2016)
- Medline (2012)
- Edward Don & Co. (2008)
- Pepper Construction Group (2007)
- Oberweis Dairy (2004)
- ABT Electronics (2001)
For more information about this award, see the Loyola University of Chicago Website.
For more information about the Loyola Family Business Center, click here.
Beth Sutherland, Senior Copywriter