Texas Family Businesses To Receive Baylor Awards

Oct. 18, 2001

by Alan Hunt

Top Texas family businesses will be recognized today (Oct. 18) during Baylor University's 12th annual Outstanding Family Business Contest awards banquet.

The program, set for 7 p.m. in the Barfield Drawing Room at the Bill Daniel Student Center, is sponsored by Baylor's Institute for Family Business. Companies from Dallas, Houston, Hemphill and Texarkana are among the winners of the contest.

More than 100 businesses from across the Lone Star State were nominated for the competition, which honors firms demonstrating strong business and family values. Judges for the contest include family business consultants, advisers and principals of family firms.

This year's award winners are: Small family business (50 or fewer employees) -- Harry H. Price & Son Inc., Dallas; medium family business (51-250 employees) -- A & E Products Company, Houston; large family business (more than 250 employees) -- Warren Electric Group, Houston; community commitment award -- The Premier Company, Houston; family values award -- Bealls Furniture & Appliance Inc., Hemphill; fastest growing award -- Commercial National Bank of Texarkana; founders award -- LeGrand & Sons Ornamental Ironwork, Texarkana; and well-managed award -- Double Diamond Inc., Dallas.

Finalists in the competition included: Actuaries & Associates, Amarillo; Bryant & Daughter Insurance Agency, San Angelo; Farias & Farias Inc., Laredo; Grant Sales, Plano; Irving Counter Inc., Irving; National Lloyds Insurance Company, Waco; Pecan Deluxe Candy Company, Dallas; Phillips & Sons Refrigeration Inc., Texarkana; and Wonderland Amusements Inc., Amarillo.

For more information, contact Mary Abrahams of the Institute for Family Business at (254) 710-4159 or Mary_Abrahams@baylor.edu . Information on the Texas Family Business of the Year Award program can also be found at http://hsb.baylor.edu/entrepreneur .

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