Dillon Moffatt wasn’t thinking about founding a company back in 1954. The self-taught auto mechanic from Minnesota was just trying to see better under the hood of a car. But his business, Moffatt Products, grew into something much bigger.
Chris Ekstrum is the first nonfamily member to lead The First National Bank in Sioux Falls in its more than 130-year history. Here’s the story of his CEO transition.
Managing to transition a family business for multiple generations has proven impossible for all but a select few. Here’s a look at several Sioux Falls-area businesses that aren’t just surviving but thriving.
Medary Acres Greenhouses has grown from a single small greenhouse to 12 greenhouses selling tens of thousands of hanging baskets, annuals, perennials, vegetable plants and more.
After starting more than 40 years ago in Bonesteel as a Redi-Mix plant, Divine Concrete Inc. has grown into a full-service concrete contractor in its second generation of family ownership.
Meet Jimmy and Joe Entenman — the new generation leading their family business, J&L Harley-Davidson.
Fourth-generation business leader: “Everything in life takes a sales process, whether it is an idea, a product or a service.”
It all started in the back of an industrial machine shop in a Sioux Falls industrial park. But 47 years later, P&M Steel has grown to a 7.5-acre full-service steel fabricator serving customers in a 100-mile radius.
Learn the story behind Reptile Gardens.
He was 36 – the youngest commander in the fleet – and leading a ship plagued with low morale, high turnover and terrible performance evaluations. No one expected much improvement. Except Mike Abrashoff.
