Father-son team leads insurance benefits company into future

2018-07-27T10:30:28+00:00 July 27, 2018|PFBA, Q&A|

Father-son team leads insurance benefits company into future Matt Halvorson never had a career backup plan. The family business calling was that strong. After coming to the office as a kid with his dad, Dave, he knew the insurance business was for him. Since 1985, North Dakota-based Halvorson Company has helped small to midsize businesses [...]

Reliabank expanding in Sioux Falls as family business enters third generation

2018-07-23T15:07:45+00:00 July 23, 2018|PFBA, Success Stories|

Reliabank expanding in Sioux Falls as family business enters third generation  It took David W. Johnson’s father, Walter, a little longer to become a business owner than he thought it might. His eventual business, Farmers State Bank of Estelline, was established by Fred Beskow in 1920 with $25,000 cash. Originally located in South Shore, it [...]

Next-generation family business leaders: This event is for you

2018-06-28T11:27:36+00:00 June 28, 2018|PFBA, Q&A|

Next-generation family business leaders: This event is for you Next-generation leaders in family businesses will find enormous value at a two-day event in September. Prairie Family Business Association will hold its annual Next Generation Retreat on Sept. 11 and 12 at the Buffalo Ridge Resort & Business Center. This event is geared for those who [...]

In two years, multigenerational Stensland Family Farms becoming household name

2018-06-20T09:47:10+00:00 June 20, 2018|PFBA, Success Stories|

In two years, multigenerational Stensland Family Farms becoming household name Two years ago, you couldn’t find a dairy product with a Stensland Family Farms label on it. Today, there are gallons of milk, quarts of ice cream and blocks of cheese sold at major retailers and locally owned stores in 16 cities throughout southeast South [...]

Our new leader brings broad experience with businesses

2018-06-07T15:03:38+00:00 June 7, 2018|PFBA, Q&A|

Our new leader brings broad experience with businesses Laura Schoen Carbonneau is used to working with businesses of all ages and sizes. She has spent the past 12 years leading the Pierre Area Chamber of Commerce and began her newest role as the executive director of the Prairie Family Business Association this week. We caught up [...]

Building together: Muth, Lloyd share in family business success

2018-05-18T16:37:15+00:00 May 18, 2018|Awards, PFBA, Success Stories|

Building together: Muth, Lloyd share in family business success Doing business in the early 1980s wasn’t easy. Trying to grow a business was even harder. But those trying times bred a business relationship and friendship between Dick Muth, Craig Lloyd and their respective businesses and families that endures. “From ’80 to ’85, his business was [...]

Family alarm business grows into national leader

2018-05-10T11:41:18+00:00 May 10, 2018|PFBA, Success Stories|

Family alarm business grows into national leader A business started decades ago by three Sioux Falls police officers selling alarm systems has grown into a national leader helping keep homes and businesses safe. Back when Midwest Alarm Co. was founded in 1967, basic residential alarm systems were run off landline telephones that caused a light [...]

Prairie Family Business Association Welcomes New Executive Director

2018-05-03T09:45:22+00:00 May 2, 2018|PFBA|

Prairie Family Business Association Welcomes New Executive Director VERMILLION, S.D. – The Prairie Family Business Association (PFBA), a University of South Dakota Beacom School of Business outreach program that serves family businesses in the Midwest, has hired Laura Schoen Carbonneau as its new executive director, starting June 4. "We are extremely honored to have Laura [...]

Approaching 100 years, Johnson Feed looks to future

2018-04-19T12:04:09+00:00 April 19, 2018|PFBA, Q&A|

Approaching 100 years, Johnson Feed looks to future  Johnson Feed Inc. knows how to adjust with the times. The business began 98 years ago in Fairview as a dray service delivering coal and other supplies to farmers and townspeople by horse and wagon. It expanded into Johnson Hatchery in the 1940s, selling and delivering commercial [...]