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Day & Zimmermann Wins National Family Business of the Year Award.


PHILADELPHIA--(BUSINESS WIRE)--May 13, 1999--

Philadelphia-based firm chosen in the large company category

Day & Zimmermann, Inc., the privately held diversified services firm headquartered in Philadelphia, has won the MassMutual Insurance Company 1998 National Family Business of the Year Award in the large business category.

This is the fifth year that MassMutual has sponsored the national competition that attracts thousands of nominees who participate in regional award programs across the country.

The prestigious award recognizes Day & Zimmermann and its owners, the Yoh family, for tremendous success in combining the best of family and business life. Award criteria include business success, positive links between family and business, multiple generations of involvement, contributions to the community and industry, and innovative business practices and strategies.

Maria Garcao of Flanagan Financial Group, the firm that nominated Day & Zimmermann for the award, said, "As the winner, Day & Zimmermann serves as a model for the nation's 12 million family businesses."

Day & Zimmermann will receive the award from MassMutual during a May 27 ceremony in Philadelphia. The ceremony is organized by the Family-Controlled Corporation Program at the Wharton Small Business Development Center (www.fccp.com). MassMutual will also donate $5,000 in the Yoh family's name to The Wharton School, University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli.

http://upenn.edu/.

Address: Philadelphia, PA, USA.
.

With the recent transition to the third generation of family ownership, under the leadership of newly appointed Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Hal Yoh, Day & Zimmermann is refocusing Noun 1. refocusing - focusing again
focalisation, focalization, focusing - the act of bringing into focus
 on and reinvesting in its core businesses.

As part of this plan, the company last month announced a merger agreement with The Mason Company, creating a $1.5 billion company, and adding the capabilities of Mason & Hanger Engineering, Inc., the nation's oldest engineering and construction company, tracing its roots to 1827.

"The Family Business Award recognizes the value that has been created over generations, not just by my family, but by every employee who has worked for Day & Zimmermann since it was founded nearly 100 years ago," said CEO Hal Yoh. "What links the generations is an abiding commitment to our core values, including safety, quality, integrity and opportunity."

Day & Zimmermann (www.dayzim.com), founded in 1901 as a two-person engineering partnership, has become one of the world's largest and most successful privately owned businesses.

The company ended 1998 with more than $1 billion in sales and 16,000 employees, and ranked 175th in last year's Forbes magazine listing of the top 500 private companies. Day & Zimmermann performs through five decentralized de·cen·tral·ize  
v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es

v.tr.
1. To distribute the administrative functions or powers of (a central authority) among several local authorities.
 market-focused operating groups:

-- Day & Zimmermann International, Inc. - provides engineering, procurement and construction The introduction to this article is vague. To comply with Wikipedia's guidelines, it should be improved. , construction management, project and program management and maintenance services to the specialty chemical A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. , microelectronics, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods.  industries, and to the pharmaceutical and biotechnology industries through its Life Sciences International division.

-- Day & Zimmermann LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 - provides a range of services including security and safeguards (through its Protection Technology division), travel services (through its Barclay Travel division) and a full spectrum of base, facility and maritime operations and services (through its Day & Zimmermann Services division) for the U.S. Departments of Energy and Defense and other federal agencies, public utilities and Fortune 500 companies.

-- H. L. Yoh Group - provides full service, contract technical staffing and administrative management solutions to clients throughout the U.S., with a focus on information technology, engineering, research and development, quality control, quality assurance, regulatory and clinical research personnel.

-- NPS NPS National Park Service
NPS Naval Postgraduate School
NPS Net Promoter Score (customer management)
NPS Non-Point Source pollution
NPS Native Plant Society
NPS Norfolk Public Schools (Virginia) 
 Energy Services, Inc. - provides maintenance, plant betterment and decommissioning Decommissioning is a general term for a formal process to remove something from operational status. Some specific instances include:
  • Ship decommissioning
See also:
 services to the power, process and other industries.

-- Government Systems Group - manufactures, stores and demilitarizes ammunition products and provides related services to the Department of Defense and to U.S.-approved foreign governments, having loaded the payload modules for the Tomahawk tomahawk [from an Algonquian dialect of Virginia], hatchet generally used by Native North Americans as a hand weapon and as a missile. The earliest tomahawks were made of stone, with one edge or two edges sharpened (sometimes the stone was globe shaped).  Cruise Missile cruise missile, low-flying, continuously powered offensive missile designed to evade defense systems. Although the German V-1 (1944) was a simple cruise missile, the cruise missile did not realize its potential until the 1970s, when the United States sought to  and now assembling the latest highly accurate "smart" weapon designed for use against tanks and other armed vehicles.
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Publication:Business Wire
Geographic Code:1USA
Date:May 13, 1999
Words:617
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