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Minnesota-based manufacturer recognized by Opus College of Business for four generations of business success, family leadership and community involvement
WARROAD, Minn., April 30, 2010 – Marvin Windows and Doors was honored yesterday as “Family Business of the Year” by the University of St. Thomas’s Opus College of Business.
The prestigious award, given by the college’s Center for Family Business of the Schulze School of Entrepreneurship, recognizes Marvin for 98 years and four generations of business success coupled with ongoing family leadership and community involvement.
“We’re honored and humbled to be recognized with this award,” said Jake Marvin, Chairman and CEO of The Marvin Companies. “In our modern economy, it’s more important than ever to have companies that recognize the timeless values of quality, integrity and commitment to families, employees and communities.
“As I look back, I realize that much of what we all learned about business, we learned from our father at the dinner table,” Marvin said. “The values he taught us every day are the same values we strive to uphold in running our business.”
Based in Warroad, Marvin employs more than 5,000 workers at seven factories in five states. The company is the world’s largest manufacturer of made-to-order wood and clad wood windows and doors.
Marvin was founded in 1912 by George Marvin, who opened a lumber and cedar business in Warroad. George’s son, the late Bill Marvin, led the company through a period of remarkable growth beginning in the 1950s, growing Marvin from a regional supplier into an internationally renowned maker of premium windows and doors.
Bill’s six sons and daughters picked up the leadership mantle. Ten members of the fourth Marvin generation are currently working within the Marvin family of companies and some are in leadership positions.
Ritch Sorenson, Opus Endowed Chair in Family Business and Academic Director of the Family Business Center, and Bill Monson, Director of the Family Business Center at the University of St. Thomas, say, “Our recognition reflects three areas of excellence: business, family, and community. Marvin has a track record of innovation, financial performance, quality, customer loyalty, sensitivity to environmental issues, mutual respect and commitment to employees. Multiple family members across the generations have worked in the business and fourth generation family members are being prepared to assume leadership. The company reflects the culture, values and talents of its origins in Warroad, Minnesota, and represents the best qualities of family business.”
Since 1989, the Schulze School of Entrepreneurship has recognized outstanding individuals and companies that personify the spirit of entrepreneurship and demonstrate excellence and ethics in their pursuits.
Marvin’s “Family Business of the Year” award was given at the 2010 Annual Entrepreneurs Award Dinner in the Schulze Grand Atrium of the University of St. Thomas School of Law on the Minneapolis campus.
April 30th, 2010 - 3:17 pm
[...] when I was at St. Thomas was to surround myself with good people.”Family Business of the YearMarvin Windows and Doors Speaking of the strentgth of the family that has run his business, Jake Marvin, Chairman and CEO of [...]