Mats Inc. Recognized at Northeastern University's Family Business of the Year Awards

Online, June 15, 2012 (Newswire.com) - Mats Inc. was recognized as a Runner-Up for Massachusetts Family Business of the Year Awards by the Northeastern University Center for Family Business at the annual event held at the Henderson House in Weston, MA on June 6, 2012. The Massachusetts Family Business of the Year Awards program was created 6 years ago in a partnership between Northeastern University's Center for Family Business and The Family Firm Institute New England Chapter to promote and highlight some of the great achievements of Massachusetts based, family-owned businesses and entrepreneurs.

The businesses are divided into three categories based on the number of current full-time employees and a panel of independent judges evaluates each company according to their business accomplishments, positive business and family linkages, multi-generation family involvement, contributions to the community and industry, and innovative business practices or strategies. With more than 90 full-time employees between its Stoughton, Massachusetts headquarters and Calhoun, Georgia warehouse and distribution facility, Mats Inc. was named a Finalist in the Medium company category.

Mats Inc. was also presented with a Certificate of Generational Achievement and membership into the 30 percent club.

The 30 percent club awards exclusive membership to thriving second generation businesses. With only 30 percent of family-owned businesses surviving into the second generation, this prestigious honor was created to pay tribute to the hard work and accomplishment of companies that successfully achieve generational transition and continuity in their business.

"It is a great honor to be recognized by the Family Business of the Year program with the likes of this year's winner, Charles River Apparel," said John Schiffmann, a shareholder of Mats Inc. "My family and I are very proud of the legacy that has been created at Mats Inc. and we continue to be grateful for the talented and dedicated team of employees, loyal customers and exceptional products that make it all possible."