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Bearings and Drives,Macon, GA, a B&D Industrial company, has won the Georgia Family Business of the Year award in the large business" category. Winning businesses are chosen on the basis of their proven business success, positive family/business linkage, multi-generational family business involvement, contributions to industry and community, and innovative business practices and strategy.
The < Cox < Family < Enterprise Center , based at the Coles College of Business at < Kennesaw State University , announced the winners of the 2005 Family Business of the Year Awards last week. This program was started in 1991 by the < Cox < Family < Enterprise Center at < Kennesaw State University to emphasize the tremendous and positive contributions provided by family firms, large and small.
Awards are given in four categories: small (fewer than 50 employees), medium (50-250 employees), large (more than 250 employees), Cox Enterprises Century Award (family business at least 100 years old).
"We are proud to have a family business over 50 years old with three generations of our family actively involved in the business. Winning this award is a great tribute to Bearings and Drives and all our employees," said Andrew Nations, president. "It's quite a surprise," stated John Nations, chairman.
B&D Industrial is the South's largest, privately owned distributor of industrial supplies and services to mining, manufacturing and OEM companies. Through its core companies, Bearings and Drives (http://www.bearingsdrives.com/), B&D Service (http://www.b-dservice.com/) and Scale Systems (http://www.scalesys.com/), B&D Industrial distributes maintenance, repair and operations (MRO) supplies; provides specialized services in electrical, fluid power and conveyor systems; sells and services industrial scales; and refurbishes speed reducers.