Founder Of Joseph’s
Gourmet Pasta Kicks Off 2005 Holloway Seminar Series At UNH Whittemore
Contact: Lori Wright
UNH Media Relations
Feb. 9, 2005
DURHAM, N.H. – Joseph Faro, president and founder of Joseph's
Gourmet Pasta & Sauces, will be the first speaker of the 2005
Holloway Seminars in Entrepreneurship, which are sponsored by the
Whittemore School of Business and Economics at the University of
Faro will discuss “From Concept to Reality: The Story Behind
Joseph’s Gourmet Pasta and Sauces, Inc.” at the seminar
Friday, Feb. 11. The event begins at 7:30 p.m. and will be held
at The New England Center on UNH’s Durham campus. A reception
will immediately follow.
Faro is a graduate of the Whittemore School where he majored in
finance and business administration. He started Joseph's Gourmet
Pasta & Sauces in 1991, after developing its business plan for
the 1991 Paul J. Holloway Business Plan Competition, which is hosted
every year by the Whittemore School.
Not only did Faro create the specialty pasta and sauces concept,
he taught himself the culinary skills necessary to succeed. Starting
his business at 21 years old, he has done everything from formulating
product lines, selling major restaurant chains and distributors,
and engineering the automation of the entire facility to managing
several construction projects and equipment installation.
His background in finance had proven invaluable for overcoming obstacles
that cripple many startup manufacturers, such as cash flow planning,
inventory manipulation, and sources of both long-term and working
Today the Haverhill, Mass., company, which sells gourmet pasta and
sauces to restaurants, hotels, country clubs, wholesale clubs and
supermarkets across the country, is a $40 million-a-year business
employing nearly 200 people.