Glen Ellyn, IL — The Bearing Specialists Association (BSA) presented its 10th Lifetime Achievement Award to Peter Negri, president and CEO of Jamaica Bearings Company, Inc. The presentation was made at the 2012 BSA Annual Convention April 29-May 1 at the Hyatt Regency Coconut Point Resort and Spa in Bonita Springs, FL.
Negri is a graduate of Boston College and the Amos Tuck School, the Graduate School of Business at Dartmouth College. Following his honourable discharge from the Army, Peter began working full time for Jamaica Bearings in 1971, the family business where he had worked part time and summers since 1960. The company was then owned and run by Negri’s father, Frank, who took it over from his older brother John in 1934.
During Peter Negri’s tenure at Jamaica Bearings, annual sales have grown from approximately $1,800,000 to exceed $100,000,000. The company that once employed 15 people at a single location in Jamaica, Queens, New York, now employs over 135 people at locations in New York, Pennsylvania, Florida, and California, with employees around the world, including Canada, Singapore, China, Italy, Great Britain, France, and Australia.
Negri’s involvement with BSA dates to his early years with Jamaica Bearings. He has chaired the Membership, Young Executives, and Manufacturer/Distributor Relations Committees, and after serving on the Board of Directors was elected president in 1986.
Negri has served as BSA’s Convention Chair a record four times. Beyond BSA, Negri has served his community as a Village Trustee, as various commissioners, and in a number of roles to preserve the community’s historic status. He supports Boston College as head of the Alumni Admissions Council for Long Island.
Negri and his wife Kaye have been married for almost 41 years and are the proud parents of Brian, Liz and Christine and six grandchildren.
BSA created the Lifetime Achievement Award in 2001 to recognize lifetime achievement within the industry and the association. Recipients must have been a member or participating manufacturer of BSA for at least twenty five years, attended BSA events, been actively involved in the affairs of the association, and demonstrated a leadership role within the industry.
In 2001 BSA awarded the first Lifetime Achievement Award to Wendy McDonald of BC Bearing Engineers. In 2004 two additional Lifetime Achievement Awards were given to Jim Fitzpatrick, Sr. of Bearings Specialty Company and John Nations of Bearings & Drives. In 2006, a Lifetime Achievement Award was presented to James Martin III, who retired in late December 2005 as Director-Distribution, Marketing Services & Integration, The Timken Company. It marked the first time the award was presented to a manufacturer.
In 2007, BSA honoured Dennis B. Clark, who retired in 2003 as president of North American Industrial Distribution, SKF, and Richard Gipson, Gipson Bearing Co. In 2009 it was awarded to William H. Allen, Jr., Allied Bearings Supply Co., Inc., and in 2010 BSA honoured long-time legal counsel William Ives.