Mannington Mills Receives “Top 30 Exceptional Business Families” Recognition
Salem, N.J. -- Mannington Mills joins an elite group of “Top 30 Exceptional Business Families,” named by Family Business Magazine. The companies selected have each made exceptional progress in governance through multi-generational leadership. Mannington Mills is a 104-year-old, fourth-generation family business that has grown into one of the world’s leading flooring manufacturers.
“In 1915, my great grandfather, John B. Campbell, founded our company on principles like ‘do the right thing’ which have allowed us to thrive, even in the midst of challenging times,” said Keith Campbell, Mannington Mills chairman of the board. “These values have been passed down through the generations and remain a guiding force for everyone who works at Mannington today, reminding us of the vital role that family businesses play in stimulating the economy, providing jobs and supporting local communities. We are honored to be included in this ‘Top 30’ group of companies who work hard every day to make a difference.”
Family businesses like Mannington are a key economic backbone, controlling 30-60% of U.S. Gross Domestic Product (GDP). They’re also philanthropic and civic-minded. Mannington supports a number of community, veteran and educational programs across the U.S., focusing on communities where it has operations.
Some of Family Business Magazine’s criteria for “Top 30” selection were: creating family governance structures, finding the proper balance between business and family priorities, managing transitions in the business, family and the board; and developing sound policies to ensure the family continues as good stewards of the business.
For more information, visit www.mannington.com.