(Lawrence, MA) – [September 16, 2014] – On Monday September 8, 2014 Lupoli Companies, based in Lawrence MA, was awarded the 2014 Business of the Year by the Northeastern Economic Developers Association (NEDA).
Secretary of Housing and Economic Development of the Commonwealth of MA, Gregory Bialecki presented the prestigious award to Lupoli Companies at the annual NEDA awards dinner in Worcester, MA. The NEDA Business of the Year award recognizes a company that demonstrated the highest degree of good corporate citizenship, has invested in its own area economy and has set an example for others to emulate. NEDA promotes professional economic and industrial development throughout the Northeastern United States, including Connecticut, Delaware, Maine, Massachusetts, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont, as well as the District of Columbia.
Salvatore Lupoli, CEO and Founder of Lupoli Companies who was present at the awards ceremony said, “We have had the privilege of building an organization from the ground up. From 2 employees to more than 900 we have benefitted from our organic growth. When you consider our accomplishments, it becomes apparent that our team’s determination to create new opportunities that generate job creation and further economic development is remarkable. Our deep-seated desire to improve the local economy has contributed to the coalition of public and private partnerships that has ignited a renewed sense of energy. Together we can bring success to the region accomplishing extraordinary results.”
About Lupoli Companies: Lupoli Companies is the parent company of Sal’s Pizza Retail and Wholesale, Salvatore’s Restaurants, Riverwalk Properties and JeNet Management. Lupoli Companies has grown over the past decade to include two separate yet complimentary Divisions that operate and manage companies within the Hospitality and Real Estate industries.
The Hospitality Division includes corporate-owned locations in New Hampshire and Massachusetts and was created in 1990 when Sal Lupoli opened the first Sal’s Pizza. Today it has been transformed into a large retail franchise and wholesale operation with more than 40 businesses serving all of New England and added locations in California, Arizona, and India. Additionally, Salvatore’s Restaurants is a modern Italian restaurant conceptualized and created by Lupoli Companies, with five Massachusetts locations including two in Boston, and still growing.
The Real Estate Division is a vertically integrated owner, operator, and developer of commercial and mixed-use real estate with a portfolio that includes more than 3 million square feet of property. From adaptive reuse and asset repositioning of historic mill buildings to ground-up construction and comprehensive property management, Lupoli Companies Real Estate Division combines proven expertise, a diverse set of capabilities, and a strategic approach to enhance operational performance and productivity.