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May 2024 - MBA Business Magazine

Family Owned Business Celebrates 65 Years of Quality, Craftsmanship and Service

Walking through the 100,000-squarefoot factory where Seaway Manufacturing Corp. makes its signature home improvement products, you’ll find innovation and craftsmanship at work. Here, in its home base of Erie, Pennsylvania, Seaway Manufacturing specializes in producing vinyl replacement windows, patio doors and sunrooms for builders, contractors and specialty home improvement remodelers in 25 states along the Eastern seaboard and west. In addition, its subsidiary, Seaway Window, sells and installs Seaway products and those not directly manufactured...

Shapiro’s Science Fiction Fantasy Equals Bad Energy Policy for PA

As a candidate for governor, Josh Shapiro was indifferent, if not downright dismissive, of his predecessor’s extra-legal maneuvering to enact a carbon tax in Pennsylvania through membership in the Regional Greenhouse Gas Initiative (RGGI). But as governor, Shapiro not only appealed Commonwealth Court’s rejection last fall of Tom Wolf’s RGGI plan as an unauthorized tax, but also introduced his own science fiction, Pennsylvania-specific version. As usual, with green energy proposals it comes with promises it...

Robinson Fans President Shares Legacy, Leadership of Zelienople-Based Company

Family owned businesses serve as the cornerstone of the American economy due to their significant contribution to job creation, innovation and community development. Their resilience, commitment to quality and focus on long-term success embody the spirit of entrepreneurship that has been fundamental to America’s economic growth and prosperity. Here, Tricia Staible, president and general counsel of Zelienople-based Robinson Fans, a prominent manufacturer of custom engineered and designed industrial fans, shares her thoughts on leading a...

Corporate Formalities: A Necessary Checklist for Family Owned Businesses

An owner-operator of a family owned business often wears many hats (CEO, HR director, sales manager, copy machine repairman, chief coffee maker, etc.). While doing all of these tasks, it is importantto also remember to obey the corporate formalities in order to preserve the liability protections afforded to the shareholders and directors of the Corporation. At a minimum, the Corporation should have a meeting of the shareholders and a meeting of the directors at least...

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