Ohio CEO Wins State Business Award After 40 Years of Growth

A second-generation CEO who spent four decades modernizing his father's Ohio manufacturing company just won the state's highest small business honor.

Mark Lamoncha, president of Humtown Products in Columbiana, was named Ohio Small Business Person of the Year by the Small Business Administration. When he took over the family business more than 40 years ago, it was a local pattern making shop started by his father Russell in 1959.

Today, Humtown Products is North America's leading producer of 3D sand cores and molds for manufacturing. Lamoncha credited his success to embracing new technology and tapping every resource the SBA offered, from funding and counseling to export assistance.

"This recognition is a reflection of the hard work and dedication of our entire team, and the support we've received from the SBA, partners and community," Lamoncha said. "Together, we're building a stronger, more resilient business and region."

Terry Bolden, the SBA district director, praised Lamoncha for honoring his family's legacy while preparing the company for future generations. The approach turned a single shop into a regional economic anchor.

The Ripple Effect

Lamoncha's win highlights a strong year for Ohio's Mahoning Valley small businesses. Mr. PC Inc. of Warren earned the state's Rural Small Business of the Year award during the same National Small Business Week celebration.

The SBA has recognized America's top small business owners for over 60 years during this annual event. This year's winners represent diverse sectors, from exporting to veteran-owned enterprises, all proving that small businesses remain the backbone of local economies.

Lamoncha now advances to compete for the national Small Business Person of the Year title. SBA Administrator Kelly Loeffler will announce the winner during ceremonies in Washington, D.C., on May 4.

His journey from inheriting a small-town shop to leading an industry shows what's possible when family values meet forward thinking.