Rosemary McCoy

Third-generation Radio Flyer CEO to detail path from irrelevance to reinvention

PFBA, Q&A /

Even the most iconic children’s toys don’t necessarily endure for generations. By the 1990s, Radio Flyer wagons were on the verge of extinction as a struggling family business needed a path into the future. Robert Pasin committed to finding it. The third-generation leader of Radio Flyer Inc., the company his Italian immigrant grandfather founded in […]

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Interstate Office Products family business award

Interstate Office Products recognized for excellence in family business

Awards, PFBA /

The Gaspar family was driving from Sioux Falls to Huron recently when the road trip turned into a reflection on their family business. They were headed north to honor their mother and grandmother, LaVonne Gaspar, who this year was honored with the Spirit of Dakota award for her decades of leadership in health care and

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Multigenerational jewelers look to future with focus on developing next leaders

PFBA, Success Stories /

Sixty-five years, more than 70 stores and a diversified approach to business add up to a family business success story for the Riddle family. Founded as a single jewelry store by Jesse Riddle in 1959, Riddle’s Jewelry became an equal partnership in 1961 with his brother, Bob. The Rapid City-based business now is in its

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A development that families built: The multigenerational legacy of The Steel District

PFBA, Success Stories /

The land has been in the Rysdon family for generations – and determining the best use for it years into the future wasn’t easy. Since 1918, Sioux Steel Co. has served as a cornerstone of the Sioux Falls community, a leading agricultural equipment manufacturer. But it had become clear that building for the future likely

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Sioux Falls family business founder to share insight on innovation at upcoming webinar

PFBA, Success Stories /

From wireless infrastructure to a natural food store, Craig Snyder has built a career blending family business entrepreneurship with innovation. His businesses, VIKOR Teleconstruction and Pomegranate Market, show how to adjust, adapt and evolve to meet changing markets. Snyder shared his insights at a webinar hosted by Prairie Family Business Association, “Fostering Innovation in Your

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Connecting on the go: Podcast featuring family businesses highlights relatable themes

PFBA, Q&A /

The stories, strategies and successes driving multigenerational family business success are among the themes of an increasingly popular podcast. The “Family Business Connection” podcast is hosted by Stephanie Larscheid, executive director of the Prairie Family Business Association, and is a go-to resource for inspiring narratives and practical advice designed to help family businesses thrive through generations.

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Upcoming retreat for next-generation family business leaders to focus on ‘using your voice’

PFBA, Q&A /

When third-generation family business member Melissa Moos walked into her first Next Generation Retreat in 2022, she didn’t know anyone. “Probably one of the scariest things I’ve ever done in my life was going hours away from home not knowing anyone who was going to be there,” said Moos, who began in her family business,

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From wine bars to jazz club, extended family brings destination dining, entertainment to Sioux Falls guests 

PFBA, Success Stories /

Dante Tarabelsi was halfway through a mechanical engineering degree when he literally got a taste of what working for his family business could be like. On a trip with his parents to Napa Valley, California, for his 21st birthday, “I was drinking wine overlooking the fog running into the valley and said: ‘How do I

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Sixth-generation business in its ‘cousin consortium’ shares best governance practices

PFBA, Q&A /

Over 135 years, E. Ritter and Company has done business in everything from ice and cotton gin to oil and banking. It has owned or operated a saloon, farm equipment company, software business, IT management services, telephone and internet services, and even fire and life safety businesses. But the consistent elements of the business have

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Family leaders of full-service web, marketing agency help connect MN, SD family businesses

PFBA, Success Stories /

Every other month, Don Raleigh III heads west from St. Paul to Sioux Falls to join a group of people who have become a priceless part of his work-life world. “I don’t even have the words to communicate how connected I feel with my group,” Don said of his Affinity Peer Group organized through the

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