The Commercial-News, Danville, IL

February 11, 2014

Vermilion Advantage names 3 inductees to this year's class

Business Hall of Fame ceremonies set for March

BY JENNIFER BAILEY jbailey@dancomnews.com
The Commercial-News

---- — DANVILLE — Three successful businessmen will be inducted into the Vermilion County Business Hall of Fame.

For 2014, Julius W. Hegeler II, Fred Faulstich and Dick Read will be inducted into the Vermilion County Business Hall of Fame during March ceremonies for family and friends.

According to a press release issued by Vermilion Advantage on Monday, Julius W. Hegeler II was chosen by the selection panel for his business acumen, partnering with his brother and three others to found Peterson Filling and Packaging, which later became known as Peterson/ Puritan, the world’s largest contract packager of chemical specialties.

A distinguished pilot in the Korean War, Hegeler formed his foundation in 1992 to contribute to 501-C-3 organizations that are philanthropic, research and educational in nature. The foundation has been recognized widely for its generosity to the Vermilion County community, including an award in 2011 honoring the Julius W. Hegeler II Foundation as an Outstanding Philanthropic Foundation by the East Central Illinois Association of Fundraising Professionals.

While retired from the business world, Hegeler remains the daily hands-on director of the foundation.

Fred Faulstich was born into the printing business founded by his father 82 years ago. Fred and his brother, Bill, have successfully continued the business in spite of technology and Internet challenges facing the printing industry across the country. The Faulstich family has truly learned how to turn lemons into lemonade.

Still working in the business full time, Faulstich is known throughout the community for his energy and enthusiasm for the Vermilion County community and his willingness to volunteer. Whether he is making chili for the Lions Club, serving on boards, chairing the United Way campaign, or working with other volunteers to raise $10 million for Danville Area Community College scholarships, Faulstich is always willing to give to his community.

Dick Read just sells cars, as he always explains when he introduces himself; he owns Crown Ford and Star Chrysler dealerships in Hoopeston, but he learned early on how to give back to the community where he lives. Continuing the car business his father began, Read sells cars and he races cars with great enthusiasm.

His passion, beyond his family, is the Hoopeston community. Dick always looks at the positive side of growing his Hoopeston community. He contributed significantly to the survival and then growth of Hoopeston’s hospital during his tenure on its board. And he has been integral to a resurgence of economic development in Hoopeston, including helping to create an economic development team of business volunteers who meet weekly, working with the Hoopeston City Council to move the community forward.

Read also was a key member of the group that worked to raise the funds to establish a Danville Area Community College campus in Hoopeston that opened in 2013.

Sponsored by Vermilion Advantage, Neuhoff Media and the Commercial-News, the Vermilion County Business Hall of Fame display is permanently housed in the Vermilion County Museum, 116 N. Gilbert St., and open to the public during museum hours.

Its mission is to recognize those men and women of Vermilion County who have been successful in their business lives and then used their success to invest in the community, giving their time, talent and resources to improve the lives of the people who live in Vermilion County.

The honorees will be inducted into the hall of fame during a private ceremony for family and friends on March 16.

The Hall of Fame display and supporting exhibit will be open to the public during regular Vermilion County Museum hours beginning on Tuesday, March 18.

Nominees from the public were sought late last year for this year’s honorees.

“We may even make it year-round,” Linda Bolton, director of business development and government relations with Vermilion Advantage, said about seeking nominees in the future throughout the year.

“This is about community as much as it is about business,” Bolton said.

She said “we have some amazing stories in the community.”

She said the hall of fame shouldn’t run out of possible nominees.

“We’ve just been so blessed with this project,” Bolton said.

She said there’s a lot of detail with it, but “it’s such a joy.”

Bolton added the hall of fame is not about popularity, but about its mission to recognize success in business.

“Whether the individual was successful in the agricultural industry, manufacturing, or small business and retail, we want to honor those who have celebrated success not only in their businesses but also in our community,” Vicki Haugen, Vermilion Advantage president and CEO, has said.

People can learn more about the county’s past and present businessmen and women from the exhibit at the museum. There are historical pictures and memorabilia about the inductees.