BioTek Instruments receives Deane C Davis Outstanding Vermont Business Award

first_imgBioTek Instruments,This morning at the Opening Ceremonies of the Vermont Business & Industry EXPO, organized by the Vermont Chamber of Commerce, Governor Jim Douglas presented the highly anticipated Deane C Davis Outstanding Vermont Business of the Year Award to BioTek Instruments, Inc of Winooski. BioTek is the 20th winner of this annual award that was conceived by Vermont Business Magazine and the Chamber in 1990.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.BioTek Instruments, Inc. is a privately held and family-run business that was founded in 1968. The organization develops instruments used to facilitate the drug recovery process and to aid in the advancement of life science research. This evolving company is committed to continued financial growth, the welfare of its employees and reducing the company s impact on the environment, making it a strong contender for this prestigious award. BioTek s dedication to its employees, the community, and the environment is impressive, said Betsy Bishop, President of the Vermont Chamber of Commerce. This company exemplifies the spirit of Vermont business and is most deserving of the Deane C. Davis Outstanding Business distinction.Aside from the Winooski location, BioTek maintains offices in Germany, France, Switzerland, the UK, Singapore, China, and India. All locations combined employ nearly 300 people, 259 of whom are located in Vermont. Since 2005, a 52 percent increase in its workforce encouraged BioTek to build a cutting-edge laboratory, adding 8,000 square feet to the Winooski property. With growing workforce numbers, the employee record reports an impressive retention rate with the average tenure of a BioTek employee exceeding 10 years and 18 percent averaging more than 20 years.The company has also shown great strides in sales and growth over the past five years. Since 2005, BioTek sales have increased 78 percent, a striking number given the recent economy. BioTek has demonstrated many unique qualities that made it stand out in the crowded field of applicants seeking this highly respected award, said John Boutin, Publisher of Vermont Business Magazine. The company s proven track record of success is to be commended.BioTek management offers an open-door policy for the staff, encouraging thoughts on policy adjustments to decrease costs or increase employee satisfaction. Annual reviews are holistically approached, based on the individual in the present, past and with a focus on the future. BioTek also promotes continued education by offering 100 percent tuition reimbursement and a Bonus Pool that pays a uniform amount to each person, since every employee is considered an equal contributor to the company.BioTek s commitment to employees is apparent and so is its dedication to the community. The organization encourages all staff to participate in community programs in order to strengthen the bond with the local community.Listed in the top five principals of BioTek s mission statement is a pledge to reduce the company s overall impact on the environment. In 2008, the company created a team of employees dedicated to continually promoting employee involvement in cleaning up its procedures. The Green Team coordinates with Efficiency Vermont and Chittenden Solid Waste District to ensure the preservation of Vermont s natural environment. Since the team was established, BioTek expanded its original recycling program, upgraded its buildings to meet strict environmental codes, created a composting policy and switched to recycled, compostable materials. Employees are also encouraged to carpool to work or receive financial reimbursement for using a bicycle.In order for a business to win the award, they must show growth in sales or employment, commitment of company resources for participation in community projects, encouragement of employees to be involved in community events, recognition of the importance of the environment to the state as a natural and economic resource, and addressing employee concerns/needs to create a positive work environment for all employees. The business must have also been based in Vermont for at least 10 years.Many Vermont companies exemplify the standards by which the Deane C. Davis Outstanding Business Award nominees are judged, but only three could be distinguished as finalists for this 20 year-old award. The three finalists for this year s Deane C. Davis Outstanding Vermont Business Award were: BioTek Instruments, Inc. of Winooski, The Foley Family of Companies of Rutland, and Small Dog Electronics of Waitsfield.Photo 1: BioTek Instruments, Inc. receives the Deane C. Davis Outstanding Business of the Year Award presented by the Vermont Chamber of Commerce and Vermont Business Magazine during the Opening Ceremonies of EXPO. From the left: Governor Jim Douglas, Adam Alpert Vice President of BioTek, Briar Alpert President and CEO of BioTek, John Boutin-Publisher of Vermont Business Magazine, and Betsy Bishop-President of the Vermont Chamber of Commerce.Photo 2: BioTek Instruments, Inc. receives the Deane C. Davis Outstanding Business of the Year Award presented by the Vermont Chamber of Commerce and Vermont Business Magazine during the Opening Ceremonies of EXPO. From the left: Governor Jim Douglas, Briar Alpert President and CEO of BioTek, Adam Alpert Vice President of BioTek, and John Boutin-Publisher of Vermont Business Magazine.Photo 3: Vermont Business & Industry EXPO Opening Ceremony Ribbon Cutting. From the left: Vermont Chamber President Betsy Bishop, Governor Jim Douglas, and Vermont Chamber Board Chair Mark Saba.The Vermont Chamber of Commerce, the largest state-wide private, not-for-profit business organization represents nearly every sector of the state’s corporate/hospitality community. Our mission is to create an economic climate conducive to business growth and the preservation of the Vermont quality of life.Source: Vermont Chamber of Commerce. 5.26.2010###last_img

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