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Joyce Waugh, president of The Roanoke Regional Chamber of Commerce, said a combination of Magnets USA's growth in sales and employees, staying power, innovative approaches to capturing new markets and community involvement impressed a selection committee of local businesspeople.
To be eligible for the chamber's Small Business of the Year award, a company must be at least 3 years old and meet U.S. Small Business Administration standards. The Roanoke Regional Chamber of Commerce says that of its more than 1,200 member firms, 99 percent are small businesses.
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