STEINER ELECTRIC NAMED ILLINOIS LARGE FAMILY BUSINESS OF THE YEAR BY LOYOLA UNIVERSITY OF CHICAGO, QUINLAN SCHOOL OF BUSINESS
Elk Grove Village, Ill. – Nov. 17, 2016 – Electrical, industrial, and generator distributor Steiner Electric Company has been recognized by Loyola University of Chicago’s Quinlan School of Business as its Illinois Large Family Business of the Year 2016.
The Quinlan School rates local family-owned firms on business success, multi-generational involvement, contributions to industry and community, and innovative business practices and strategies. Independent judges select one winner in each of three business-size categories, large, medium and small, based on number of employees.
"The Steiner team is very proud to receive this honor," said Rick Kerman, president and CEO of Steiner. "We are grateful for our valued customers, suppliers and employees, all of whom have contributed to our success over these last hundred years."
Kerman’s grandfather, George Steiner, founded the company in 1916. Rick and his father Harold were partners for 35 years. "Today, the third and fourth generation of Steiner descendants operate with the same commitment and core values that George and Harold brought to the business," Kerman added. "We’re investing and innovating for the next hundred years with products, services and social responsibility."
Steiner Electric is a 100-year-old distributor of electrical, lighting, automation, industrial and power systems products, with nine locations in Northern Illinois, Wisconsin and Northern Indiana. In addition to products, Steiner provides custom services that deliver operational efficiencies for the contractor, commercial, MRO and OEM marketplace. Visit us at https://www.steinerelectric.com
ABOUT LOYOLA UNIVERSITY CHICAGO
Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, with nearly 16,000 students. Nearly 10,000 undergraduates hailing from all 50 states and 82 countries call Loyola home. The University has four campuses: three in the greater Chicago area and one in Rome, Italy, as well as course locations in Beijing, China; Saigon-Ho Chi Minh City, Vietnam; Vernon Hills, Illinois and a Retreat and Ecology Campus in Woodstock, Illinois. The University features 10 schools and colleges, including the Quinlan School of Business, Marcella Niehoff School of Nursing, Stritch School of Medicine, College of Arts and Sciences, School of Communication, School of Continuing and Professional Studies, School of Education, School of Law, School of Social Work, and Graduate School. Loyola is among a select group of universities recognized for community service and engagement by prestigious national organizations like the Carnegie Foundation and the Corporation for National and Community Service. To learn more about Loyola, visit LUC.edu.