Rio Grande is one of three recipients of an ethics in business award.
Picked from a field of 31 nominees, the Albuquerque, N.M.-based company received the Rust Award for Excellence in Ethical Business Practice by a For-profit Business at the 15th Annual Ethics in Business Awards.
The honour is given by Samaritan Counseling Center.
Each nominee is subject to a rigorous selection process that includes an exhaustive report compiled by Anderson School of Business at the University of New Mexico. A selection committee analyzed more than 800 pages to pick the winners. The awards ceremony will be held in April.
“It is really an honour to receive this award, considering the investigative efforts put into this process,” said Molly Bell, executive vice-president of Rio Grande.
“Everyone at Rio Grande is proud and humbled to have been recognized as a recipient of this award.”
Rio Grande was founded by Saul Bell in 1944 and purchased in 2013 by Richline Group, a Berkshire Hathaway Company. The company is run by Bell’s children, Alan, Molly, and Eddie Bell.