BUFFALO, NY -- Alfred University presented four firms from Western New York with Galanis Awards for Excellence in Family Business. Corfu Machine, EGW Personnel Staffing, The Synergy Group, and TM Montante Development received awards during a banquet celebration Tuesday, Sept. 24, at noon at The Adam’s Mark Hotel in Buffalo.
The awards, now in their 13th year, are made possible by a gift to Alfred University from the families of Terry Galanis Sr. and Terry Galanis Jr.
Galanis Sr. is a 1940 graduate of Alfred University and founder of Sealing Devices, Inc., of Lancaster. Galanis Jr. is the president of Sealing Devices and a member of the AU Board of Trustees. Winners of Galanis Awards, presented since 2000, are judged on a number of criteria that the Galanises and Alfred University consider hallmarks of successful family enterprises: commitment to employees and the local community; innovation and foresight; and growth and stability.
Sealing Devices was founded in 1963 by Terry Galanis Sr. in the Buffalo suburb of Alden. The company, which manufactures and distributes o-rings, gaskets and seals, has enjoyed tremendous growth over the years and is now located in a state-of-the-art facility in nearby Lancaster.
Galanis Sr. still serves as company chairman, while his granddaughter, Elizabeth Miller (Terry Galanis Jr.’s daughter), is territory manager. Galanis Jr. said it is important that family firms be noted for the important role they play in the region’s economy.
“Small businesses represent the backbone of our country, but they don’t always get much recognition,” Galanis Jr. said. “Family business owners are responsible for the livelihood of so many people and are such a visible part of their communities. They’re looked up to, so it’s important that people see the good that they’re doing.”
Founded in 1969 by Eugene G. Wach as a full-service staffing and professional search firm, EGW has provided hiring services to the region’s employers for nearly 44 years, helping thousands find employment. The company provides contract, temp-to-hire and direct hire services for businesses in the professional, information technology, technical and industrial fields.
The firm employs a full-time staff of 16. EGW’s weekly payroll for contract employees is typically between 400 and 500, although there have been times when as many as 1,500 have been on the firm’s payroll. EGW is a two-generation family business. Gene Wach serves as chairman of the Board of Directors. His four sons – Thomas, Jeffry, Tim and Don – have all been involved in the business over the years and are in ownership positions today. Thomas is chief executive officer and Jeffry is president. Tim and Don are active members of the Board of Directors.
The company is actively involved with several Buffalo-area community organizations and charitable endeavors, including Harvest House, Christos Foundation, Alzheimer Association and Relay for Life. The family is also active on the boards of directors of numerous civic organizations in the area, including Junior Achievement, BEAM, and the Academy of Finance in the West Seneca and Orchard Park schools districts.
More than 60 family firms have received Galanis Awards since 2000. Galanis Jr. said he’s not surprised with the quality of family businesses in the region, many of which have won or been nominated for Galanis Awards.
“As usual, this program keeps getting better and better and this year is no different. We had a great group to choose from,” he said, noting that 16 forms were nominated for awards this year. “What we have is a very diverse group that covers manufacturing, construction and support services. We have a very good mix.”
Source: Alfred University Press Release