After my father and uncle’s celebration comes another one; this time Concepcion Industries, Inc. (CII) celebrates its 50th year. CII was started by my grandfather Jose Concepcion, Sr., and also happens to be the baby of my Uncle Raul, the twin of my father. My cousins have taken over the day-to-day management while we sit on the board to provide guidance and work towards the vision our grandfather and my Uncle Raul have set. This vision has also been upheld by the management team: Renna, Jojo, Raffy and Ton, who are my cousins.
Turning 50 is such a milestone, especially for family-run companies managed by third through fourth generations. Many family businesses don’t survive because of family fights, or just because the old business model has somehow lost its edge or has been beaten down by tough and rising competition. Concepcion Industries continues to be dominant in the airconditioner and refrigeration business. (more…)




