Family-owned diesel additive company honored

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Baylor University’s Institute for Family Business has named Power Service Products of Weatherford as Texas’ fastest-growing family-owned business of 2005.

Power Service, a manufacturer of diesel fuel additives, is one of nine family businesses that will be honored Thursday, Nov. 3 in Waco at a banquet to celebrate the presentation of the 16th annual Texas Family Business of the Year Awards.

Awards also are given in categories such as “Family Values,” “Community Commitment” and “Well Managed,” as well as for overall excellence according to company size – small, medium and large.