WACO, Texas (Nov. 7, 2017) – Willbanks & Associates, Inc. was awarded with this year’s Texas Family Business of the Year – Heritage Award. This award is given to the SUCCESSFUL family business that has overcome statistical odds to achieve the rare status of maintaining continuous existence through at least three generations of family ownership.
On Friday November 3, 2017, The Institute for Family Business at Baylor University honored the 2017 award winners with a banquet at Baylor University’s Paul L. Foster Campus for Business and Innovation. The awards program – now in its 28th year – recognizes outstanding firms who demonstrate a commitment to business continuity while serving their employees, community, and industry.
Today, Willbanks was recognized for its long-standing presence, maintaining its roots with the family’s subsequent generations.
The company was founded by Carroll Willbanks, Sr. in November 1977 as a manufacturer’s representative for commercial heating and hot water equipment. Today this business is still fully intact along with multiple expanded offerings.
“This month, celebrating our 40th anniversary, we will wrap up our best year ever,” said Carroll Willbanks, III (Trey), President/CEO and 3rd generation. “It is truly a blessing to have the opportunity to carry forward and build upon the values and reputation that my grandfather instituted. While we are a very different organization than we were then, we are still very much the same.”
Carroll Willbanks, Sr., C. Garey Willbanks, Jr., and Tyler Willbanks represented each generation Friday evening and accepted the award on behalf of the company.
Since 1977, Willbanks has provided advanced equipment solutions and support for thousands of commercial water heating projects. With their customer-focused approach and close relationships with the most trusted manufacturers in the industry, their talented team of professionals can guide and support each project from conception through its lifecycle. No matter the scope of their client’s needs, Willbanks is committed to providing support from planning to performance.