See this year Crain’s list of Largest Family-owned Business in Michigan’s. This list of family-owned businesses is an approximate compilation of the largest such businesses in Michigan. Crain’s defines “family-owned” as any company majority-owned by members of the same family that has reached a second generation of management. It is not a complete listing but the most comprehensive available. Crain’s estimates are based on industry analyses and benchmarks, news reports and a wide range of other sources. Unless otherwise noted, information was provided by the companies. For some companies, the founders were later bought out by another family.