LATICRETE has been honored by Hartford Business Journal at its 2017 Family Business Awards, which recognize outstanding achievements in family-owned businesses across the Northeastern region.
“This award pays tribute to my parents, Dr. Henry M. Rothberg and Lillian Rosenstock Rothberg, and the company they took from a basement invention to a global powerhouse,” said David Rothberg, Chairman and CEO of LATICRETE. “We’re proud to have three generations – including four of their grandchildren – carrying on their legacy and values around the world.”
The award was accepted on behalf of the family by Rebecca Rothberg, granddaughter to Henry Rothberg, who supports marketing strategies in sales promotions for the company.
In 1956, Dr. Henry M. Rothberg, revolutionized the tile and stone industry when he developed the first commercially accepted latex modified adhesive, thus changing the way building had been done for almost 1,000 years. Dr. Rothberg’s research and development not only ignited LATICRETE as a trailblazing innovator within the tile and flooring industry, but set the standard for all modern tile and stone adhesives used today.
“When I was a young boy, we moved from South Carolina to Connecticut to live in my aunt’s basement. My dad did not have a job at the time, but he did have an idea for a business,” said David Rothberg. “Our tactics have shifted, but our strategy to produce safe, green, easier to install permanent installation systems has never wavered. As a family- and privately-owned business, LATICRETE continues to honor the legacy and values my parents instilled from the beginning. This has allowed LATICRETE to focus not only on the next quarter, but the next generation.”
To be named a winner, a panel of independent judges evaluated LATICRETE based on overall company mission, community involvement, rate of innovation and business achievements over the past 12 months.
Significant achievements that received notoriety included the launch of the industry’s first high-strength, chemical-resistant epoxy adhesive for installing stone and tile and the opening of a new 70,000-square-foot in Grand Prairie, Texas — nearly doubling the existing 100,000-square foot (9,290-square meter) facility, making it the company’s largest manufacturing and distribution center outside of the LATICRETE headquarters in Bethany. The acquisition of global licensees LATICRETE Costa Rica, LATICRETE Norway and LATICRETE Italia are additional hallmarks of the company’s growth and allow LATICRETE to function as a local company in every community served.
“The LATICRETE family extends beyond the Rothberg name to our customers, employees and partners, and continues to be a vehicle whereby people around the world can achieve personal and professional success,” added David Rothberg. “That’s really a testament to sound family values. You wouldn’t ask your son or daughter to work for a company that you didn’t truly believe in.”