This morning at the Opening Ceremonies of the Vermont Chamber Business & Industry EXPO, Governor Peter Shumlin presented the highly anticipated Deane C Davis Outstanding Business of the Year Award to Foley Family of Companies of Rutland.
In an effort to recognize and honor Vermont’s best companies, the Vermont Chamber of Commerce and Vermont Business Magazine created the Deane C Davis Outstanding Business of the Year Award in 1990. Named for the former Governor of Vermont, this annual award honors a Vermont business that shows an outstanding history of sustained growth while displaying an acute awareness of what makes Vermont unique.
This year’s finalists each exemplify the resourcefulness, innovation and success that radiates from all corners of the state capturing the essence of Vermont business. All share in common a dedication to their employees, communities and Vermont’s natural environment. However, each tells a unique story of vision, commitment and growth.
The Foley Family of Companies started in 1879, when Michael Foley purchased Goodwin’s Laundry in Rutland, Vermont. The business grew over generations and eventually became Foley Laundry, a business still in operation today. The Foley family used the small operation to launch new business ideas and in 1973, the Foley Family of Companies was created. Today, the thriving business owns and operates The Party Store, Pistols & Roses, Foley Services and Foley Distributing.
The Foley Family of Companies attributes over 130 years of success to the dedication of their customers and employees. The company business model is built on the work and creativity of its staff; empowering their workforce to continually develop new ideas to better serve existing customers. Weekly staff meetings and semi-annual reviews keep the business on track to continually set benchmarks and goals for both employee performance and customer service.
One criterion for the Deane C. Davis award is a company’s recognition of the environment as a natural and economic resource for Vermont. The Foley Family of Companies has promoted green initiatives over the last 20 years, beginning with the simple act of partnering with companies that produce recycled products such as paper, towels and GreenSeal certified cleaning chemicals. The company led regional hospitals in a composting project and helped initiate the first large scale composting program in healthcare foodservice. The Foley Family of Companies has also implemented a new Power of Three® closed loop recycling system. The Power of Three ® is a partnership with three innovative companies, Casella Waste Systems, SCA Tork® and Foley Distributing. Casella Zero Sort® collects Foleys customer’s recyclables and sorts the materials using state-of-the-art technology. SCA purchases the Zero Sort® recycled paper from Casella to be made into various paper and tissue products. Closing the Loop, Foley Distributing delivers these renewed resources back to their customers.
The Foley Family of Companies embodies the very essence of the Deane C. Davis award. They have struck a balance between serving their community and workforce while maintaining a savvy business sense enabling them to stay profitable. Congratulations Foley Family of Companies!