Venerable supplier Fullerton Companies builds on its heritage
Sunday, January 6, 2013
Fullerton Companies, the family-owned building materials supplier, already has a 130-year history and is continuing to forge ahead. CEO and president Dave Walock said the company is pursuing new business, stepping up training to improve service and driving continuing growth of Fullerton Building Systems, its Worthington-based subsidiary.
Ritch Sorenson, professor of entrepreneurship at the Opus College of Business, specializes in family business and told the Star Tribune that “apparently the characteristics of (Fullerton’s) family include resilience and commitment," as only a third of family businesses reach a second generation, and only 15 percent get to a third. “It looks like many of the good things that come from family businesses are happening in this company,” Sorenson said.
Originally published: 01/06/2013, Star Tribune