Oldest Family Business in the United States

Company Name: Zildjian Cymbal Co.

Founded: 1623

Family Name: Zildjian

Product or Service: Cymbal manufacturing

Location: Norwell, Mass.

Website: www.zildjian.com

Founded 14 generations ago in Constantinople by alchemist Avedis I, who discovered an extremely musical alloy that created powerful, durable cymbals. The sultan named him "Zildjian," Armenian for "cymbalsmith." The family emigrated to the U.S. in 1929. Avedis Zildjian III established ties with the hot, new jazz drummers of the 30s and 40s. His son Armand (1921 - 2002) modernized the manufacturing process and factory. Today, Armand's daughters Craigie (CEO) and Debbie (vice president) run the company.

Note: A family business is dominated or controlled by members of a single family (or single family lineage).

Oldest and Largest U.S. Family Businesses:

  • Cargill, Inc., Cargill/MacMillan family, founded 1865, commodities trading, Minneapolis, 97,000 employees
  • Levi Strauss, Haas family, founded 1853, apparel, San Francisco, 40,000 employees
  • Bacardi, Bacardi family, founded 1862, rum, 7,000 employees
  • Crane & Co., Crane family, founded 1801, paper manufacturing, 1,200 employees

Source: Family Business Magazine

This article originally appeared in The Business Owner Journal, the periodical of choice for owners of small and midsize private businesses. All rights reserved, D.L. Perkins LLC. © 2010.

This publication is intended to provide general information on the subject matters covered. It is sold and distributed with the understanding that neither the publisher nor any distributor or advertiser is engaged in providing legal, tax, insurance, investment or other professional advice. The advice of a qualified professional should be sought before any reader applies a concept presented herein to his or her particular situation or business.

D.L. Perkins, LLC is solely responsible for this content.


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