Enterprise award goes to developer
Hudson began his career with a small residential contracting company.
GREENVILLE, Pa. -- Hermitage resident John M. Hudson, president and principal shareholder of Hudson Group Inc., has been awarded the Thiel College 2006 Haller Enterprise Institute Entrepreneur of the Year Award.
The award is given annually to a business owner who has demonstrated entrepreneurial leadership.
Hudson founded a small residential contracting company in 1978 that quickly became an established general contracting company with a successful track record in commercial, industrial and institutional construction throughout Pennsylvania and eastern Ohio. In the mid-1980s, he formed a real estate development company with Pennsylvania as its first client.
Under his leadership, Hudson Investment Properties' holdings spread statewide and within five years the company emerged as Pennsylvania's lead developer.
In 1997 Hudson undertook management of the newly formed Hudson Group Inc., which specializes in institutional and medical construction. It has grown to include 50 full-time employees and earns annual revenues in excess of $20 million.
With the development of Hudson Holding Co., Hudson Ventures and Hudson Asset Management, he has negotiated multimillion-dollar acquisitions and sales of properties in Philadelphia, Florida and Texas.
In 2003 Hudson Holding formed an additional subsidiary to provide specialized services relating to government financed elderly housing. Hudson's company has been chosen as the contractor for four government-financed elderly housing projects. Projects are currently under way in Hermitage, Titusville and Chippewa, Pa., and Girard, Ohio.
Hudson and his wife, Mariangela, have six children.