Allen Dohan, president and CEO of Blanchester, Ohio-based supplier The Allen Company (UPIC: ALLEN), was honored by the Blanchester Area Chamber of Commerce with its Businessman of the Year award.
This is Dohan’s first time to receive the award from the Chamber. He says the award speaks to the efforts and talents of all the employees at his company, which is celebrating 50 years this year and is one of the oldest businesses in the community.
For Dohan, the award symbolizes a steady success that other businesses in the area have not seen, as well as opportunities for the future. Blanchester is experiencing extremely high unemployment rates, especially in the wake of losing one of the largest employers in the region. At the same time, though, a local elementary school has been named one of the top elementaries in the world.
Though the students are some of the area’s poorest, they and their teachers remain dedicated to education. Dohan says the students who leave that school may likely remain in Blanchester and work as adults.
“I look at that as one of the big success stories and I believe it will help companies like ours,” says Dohan.
Dohan attributes the longevity of The Allen Company to its ability to grow as a supplier. “There are three ways to grow: develop a new product line, get proprietary lines or patents, and mergers or acquisitions,” he says.
Allen has attained the first two through its exclusive offering of CamelBak products, says Dohan. As for the last, though, Allen hasn’t been part of the trend, Dohan says. “If you do it right, you’ll be successful at it.”