Salem, NJ, November 4, 2016—Mannington Mills has been named “New Jersey Family Business of the Year 2016” by Fairleigh Dickinson University’s Rothman Institute of Innovation and Entrepreneurship.
This recognition coincides with the company’s Centennial year as it joins an elite group of local and national family-owned companies–those in continuous business for 100 years. As only 1% of family-owned businesses survive to the fourth generation, Mannington’s success as a fifth generation, family-owned company places it in rarified company.
Keith Campbell, Mannington chairman of the board, accepted the award during a ceremony at the Livingston, New Jersey, Crystal Plaza, along with Russell Grizzle, Mannington CEO; Zack Zehner, Mannington senior vice president of distribution network (and a Campbell family member); and Ian Campbell, Mannington senior analyst of segment strategy (and a Campbell family member).
As only 1% of family-owned businesses survive to the fourth generation, Mannington’s success as a fifth generation, family-owned company places it in rarified company.
Campbell addressed the audience after Mannington was named winner. “My great grandfather started Mannington 100 years ago as a way to stay close with his two sons. It was truly a family business. Here we are in our fourth generation, moving into the fifth, and we’re still a true family business. It’s an honor to be recognized and I know they would be proud of what Mannington has become.“