April 14, 2024
Federal Update: Portal Now Open for Contractors
The United States Department of Labor’s (DOL) Office of Federal Contract Compliance Programs’ (OFCCP) Contractor Portal opened on April ….
Read MoreAssociated Industries of Massachusetts today congratulated seven member companies named to the Boston Business Journal’s 2020 list of Largest Family-Owned Businesses in Massachusetts.
In order to qualify for the BBJ list, two or more family members must be the largest shareholders of a Massachusetts-based company or the company must be majority-owned by an individual with at least one family member employed full-time in a management position.
The seven AIM-member family businesses together employ almost 21,000 people and had combined total revenues of approximately $11 billion in 2019.
- Barrett Distribution Centers Inc.
- The Kraft Group
- New Balance Athletics LLC
- Blount Fine Foods
- M. Duggan Inc.
- The Hamilton Co.
- Granite City Electric Supply Co. Inc.
“These companies underscore the central role that family-owned companies play in the Massachusetts economy. The growth of these enterprises also illustrates the importance of having our elected officials maintain a strong business climate here in the commonwealth,” said John Regan, President and Chief Executive Officer of AIM.