Southeastern Equipment Company Receives Milestone Achievement Award
Southeastern Equipment Company Receives Milestone Achievement Award
from Conway Center for Family Business
COLUMBUS, OH – Southeastern Equipment Company was honored Wednesday, November 16 at the Conway Center for Family Business’ 24th Annual Family Business Awards program with Milestone Achievement award for reaching its 65th anniversary in business.
The program was established in 1998 to recognize excellence in family business in categories such as Milestone Achievement, Family Business of the Year, Succession Planning, and Rising Star.
“Family businesses are the backbone of the American economy and are vital to the Central Ohio economy and community,” said Jill Hofmans, executive director of the Conway Center for Family Business. “Southeastern Equipment Company, through its continued success and resiliency, deserves this recognition of longevity.”
“We’ve achieved so much over the last 65 years, but we’re not trying to relive our glory days. We’re looking ahead, adapting, and making plans for another incredible 65 years,” said Thor Hess, executive vice president of Southeastern Equipment Company.
More than 30% of all family-owned businesses make the transition into the second generation. About 12% will still be viable into the third generation, and only 3% will make it to the fourth-generation level and beyond.
The Family Business Awards Program is made possible through the generous support of Columbus CEO, First Merchants, Gryphon Financial Partners, Taft, and Porter Wright.
Southeastern Equipment Company has been selling, servicing, and renting heavy machinery since 1957. The company has 22 locations and operates in Ohio, Michigan, Kentucky, Indiana, and West Virginia. Southeastern Equipment also offers online parts sales at www.southeasternparts.com. Manufacturers represented by Southeastern Equipment Company include: CASE Construction, Kobelco, Bomag, Gradall, Mauldin Paving Products, Etnyre, Vacall, Schwarze, Eager Beaver Trailers, Superior Broom, Fecon, Skytrak, JLG, Sullair, Werk Brau, and several others. For more information, visit www.southeasternequip.com.
The non-profit Conway Center for Family Business is Central Ohio’s resource for educational programs, resources, and networking opportunities to support the growth and success of family-owned businesses. The Center celebrates the successes of family-owned businesses at its annual awards program and offers peer group opportunities for next-generation leaders, family business leaders, and women family business owners. The organization includes more than 200 family-owned businesses from Central Ohio ranging in size from three to more than 20,000 employees.
