Mr. Khol received the award, which includes a $1,000 honorarium, from Keith Crain, vice chairman of Crain Communications Inc., at the 40th annual Neal Awards luncheon at The Pierre.
Presented by the American Business Press and the G.D. Crain Jr. Foundation, the award was established in 1969 by a grant from the Crain Foundation in honor of the late business press editor and founder of Crain Communications, which publishes two dozen business publications, including Advertising Age and Business Marketing.
A civil engineer by training, Mr. Khol began his career as a design analyst at Sikorsky Aircraft but switched to business journalism in 1959, when he joined Precision Metal Molding as an editorial trainee. By 1965, he was writing interpretive essays for Machine Design, and in 1972 he was promoted first to senior editor and then to managing editor.
A lecturer on business journalism and an active member in the Society of Manufacturing Engineers, Mr. Khol was a founder in 1982 of Penton's magazine on computers in engineering, Computer-Aided Engineering. The publication received a Jesse L. Neal Award in its first year.
Named chief editor of Machine Design in 1983, Mr. Khol led the publication to more than 25 awards from the American Society of Business Press Editors for editorial excellence. In July, Penton added the title of editorial director of American Machinist to his responsibilities.
Honored with two ABP Neal Awards for editorial excellence was Commercial Carrier Journal.
Other Neal Award winners for 1993 editorial excellence: Global Finance, Remodeling, Postgraduate Medicine, Design News, Medical Economics, Hippocrates, School Library Journal, Progressive Architecture, Canadian Hotel & Restaurant, DVM Newsmagazine, Geriatrics, Modern Jeweler, and Medical Economics for Surgeons.