Hoffer Plastics to receive Loyola award
South Elgin-based Hoffer Plastics, a custom injection molding firm, said Monday it will receive Loyola University's Family Business Center's 2010 Illinois Large Family Business of the Year Award at a ceremony on Nov. 30, at the Four Seasons Hotel Chicago. The firm also will receive the Community Service Award in recognition of its community involvement, exemplified, in part, by the Hoffer Foundation.
Founded in 1953 by Robert A. and Helen C. Hoffer, the company has built a global customer base across a wide range of industries including packaging, automotive, consumer industrial and appliances. Operating out of a 360,000 square foot state-of-the-art facility on a 24 acre campus at its original location in South Elgin, the company's current management includes second- and third-generation family members.
The Hoffer Foundation was established in 1966 and has donated millions of dollars to charitable, religious, scientific, industry and educational organizations, including computer labs, software and scholarships to local high schools and universities.
The Family Business of the Year award recognizes exceptional Illinois-based family businesses that demonstrate a strong commitment to business development, family and the greater Illinois community. This year's honorees were chosen from nearly 200 nominees in five categories: small (fewer than 50 employees), medium (50 to 250), large (over 250), community service and the century award for family firms over 100 years old.
“Winners of the awards have demonstrated positive family/business linkage, multigenerational family business involvement, contributions to industry and community and innovative business practices and strategies,” said Andrew Kyte, executive director of the Family Business Center of Loyola. “Hoffer Plastics certainly embodies those qualities.”
“We are honored to receive these wonderful awards,” said William Hoffer, president of Hoffer Plastics. “Our family and our employees have always been committed to providing our customers with outstanding quality products and services and this recognition is a tribute to everyone in our business family.”