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BOSTON and FRANKLIN, MA, ISSUED September 18, 2012…Entrepreneurs Organization (EO) Boston today announced that one of its members, the Franklin, MA based Barrett Distribution Centers has been named a finalist in the Family Business Association of Massachusetts Awards for 2012.
The Family Business Association is an independent, non-profit organization created to honor family businesses and their achievements. The organization’s goal is to highlight successful family businesses and recognize excellence within them with an annual awards program —the FBA Awards— celebrating their accomplishments, honoring their ability to deal with adversity, and recognizing them for their philanthropic efforts.
The ceremony to honor this year’s finalists will take place October 25 at the Royal Sonesta Hotel, Cambridge. David Wade of WBZ-TV will be the Master of Ceremonies and Jim Rappaport, Chairman of Specialty Hospitals will be the keynote speaker. Of 400 applicants, Barrett Distribution Centers was one of ten finalists in its category in the "large business" category.
Barrett Distribution Centers has experienced strong growth, at $34 million this year, compared to $28 million last year. The third-generation family business is a supply chain and logistics company, serving as a distribution center for other companies. With clients that include Tivoli Audio, General Mills, Kraft, and Best Buy, the firm maintains headquarters in Franklin, MA but also locations in NY, MD, VA, TN and CA, and employs over 200. This recognition comes on the heels of Barrett Distribution Centers’ winning the Inc. 500/5000 2012, unveiled in the September issue of Inc. (available on newsstands August 21 to November 15 and on Inc.com). To make the cut, companies had to have achieved a minimum of 770% in sales growth. The Inc. 500's aggregate revenue is $15.7 billion, with a median three-year growth of 1,431 percent.
Arthur Barrett, president of Barrett Distribution Centers, and Tim Barrett, the company’s CEO, said in a joint statement that they were very pleased to have received both recognitions. "It is an honor to be recognized for our work by these two prestigious organizations," the brothers said in a statement. To learn more about the Family Business Association, please visit www.fbaeduc.com, or contact Liz Pratt, email@example.com, or 617-218-2077. FBA maintains offices in Boston.
David Reske, president of EO Boston, said, "We are very proud of Barrett Distribution Center for its continuing commitment to excellence, business growth and the entrepreneurial spirit. Their success reflects well on the entire business community, and we can all learn from their example."
About Barrett Distribution Centers
Barrett Distribution Centers, headquartered in Franklin, Massachusetts, and founded as a single warehouse operation, has grown to serve a wide array of customers and industries with a network of 12 strategic distribution centers throughout the US. These facilities are designed to efficiently handle fast moving consumer goods for leaders and future leaders of the consumer electronics, chemical, food and beverage, and footwear and apparel sectors. Barrett provides both consumer direct fulfillment and retail channel delivery, with facilities and operations covering the East Coast, West Coast, Mid-Atlantic and Southeast. For more, please visit www.barrettdistribution.com.
About Entrepreneurs' Organization, Boston
The Entrepreneurs’ Organization (EO) – for entrepreneurs only – is a dynamic global network of more than 8,000 business owners in 40 countries. Founded in 1987 by a group of young entrepreneurs, EO is the catalyst that enables entrepreneurs to learn and grow from each other, leading to greater business success and an enriched personal life. Membership in one of EO’s 120 chapters is by invitation only; the average member is 41 years old with annual revenues of US$17.3 million. The organization is focused on engaging the world’s leading entrepreneurs to learn and grow, and proudly counts many of the world’s most successful entrepreneurial firms among its membership. The EO Boston Chapter was founded in 1994 and comprises more than 75 members. For more information on EO Boston, visit www.eoboston.org.