Senate Democrats Host Small and Medium-Sized Businesses From Around the Country
Businesses discuss their efforts to create jobs and strengthen local economies with Senate Democrats
WASHINGTON, D.C. – More than 20 companies from a dozen states which are successfully creating jobs in their communities met with Democratic senators today at the invitation of the Senate Democratic Steering and Outreach Committee to share their success stories. These businesses and organizations, hailing from around the country, met with nearly 20 senators to highlight how small and medium-sized businesses have continued to create jobs and strengthen economies in their communities, despite a sluggish economy. The forum also included programs that seek to support and strengthen the ability of businesses and particular sectors to grow, granting companies access to the capital and expertise they need to succeed.
U.S. Senator Mark Begich (D-Alaska), Chairman of the Senate Democratic Steering and Outreach Committee, Senate Majority Leader Harry Reid (D-Nev.), and U.S. Senator Daniel Akaka (D-Hawaii), Vice-Chairman of the Senate Democratic Steering and Outreach Committee, hosted the meeting.
Today’s meeting included:
Alex and Ani, Inc., Cranston, RI
Alex and Ani, Inc. is a jewelry manufacturer and retailer based in Cranston, Rhode Island that uses recycled materials for its products. All of its products are manufactured in the U.S., and they have hired nearly 200 people since May 2010.
Bank of Montana, Missoula, MT
The Bank of Montana was founded by Tom Swenson in order to provide expanding businesses and start-ups with a knowledgeable resource where they can obtain capital. In addition to working on behalf of growing businesses, the Bank of Montana provides reliable personal services found at other commercial banks. The Bank of Montana is a leader in providing Montana businesses with the support they need to grow and create jobs.
Betaspring, Providence, RI
Betaspring is a mentorship-driven startup accelerator program for technology and design entrepreneurs. They have launched 28 companies and supported the growth and development of nearly 100 entrepreneurs. In addition, their teams have created more than 50 full time jobs in the area and raised approximately $10 million in follow-on funding. Last year, they were selected for inclusion in the Obama Administration’s Startup America initiative.
BioNJ, Trenton, NJ
BioNJ seeks to advance the biotechnology and biotechnology related industries in New Jersey for the benefit of the citizens and the economy by ensuring the acquisition and availability of appropriate human, capital, and other resources necessary for building successful biotechnology and biotechnology support companies within the State. By utilizing supportive government policy, BioNJ has helped the biotechnology industry in New Jersey grow from just 80 companies in 1998 to more than 335 companies today. Additionally, the Qualifying Therapeutic Discovery Project Credit program provided funding to more than 4,600 total projects at companies in 47 states and the District of Columbia, helping the average biotechnology company increase its workforce by 27%.
Clarkson University, Potsdam, NY
Clarkson University is the third smallest nationally ranked research university in the United States. It produces effective engineers, scientists, health professionals, business people, and creative leaders through an emphasis on new technologies and emerging fields. One in five Clarkson alumni is a CEO, president or senior executive of a company or business.
Computer Aid, Inc., Wilmington, DE
Computer Aid, Inc. (CAI) is a global IT services firm that is currently managing active engagements with over 100 Fortune 1000 companies and government agencies around the world. CAI has been focused for 29 years on the development of service models that leverage defined processes and performance metrics in order to maximize visibility, control, and productivity.
Delta Companies, Cape Girardeau, MO
Delta Companies Inc. is a major Midwest heavy highway contractor, paving contractor and materials producer with locations in Missouri, Illinois, and Arkansas.
Duluth Pack, Duluth, MN
Duluth Pack manufactures traditional north woods gear and is the original manufacturer of the famous Duluth Pack. In June 1991, Duluth Pack opened a retail store in Duluth's Canal Park and quickly expanded three times into the current 5000 square-foot flagship store. In the last year, Duluth Pack saw 37% growth over their retail, web and catalog, corporate business, and rapidly growing dealer network which stretches from North America to Japan. Most recently, Duluth began manufacturing products in the United States for sale in China.
GalaxE. Solutions, Detroit, MI
GalaxE.Solutions is a leading healthcare-focused developer of custom software and IT business services. It seeks to create large software platforms, which help the healthcare industry improve clinical outcomes while lowering costs. Driven by projects from clients across the country, the company is ahead of its schedule of hiring 500 IT professionals as part of its “Outsource to Detroit” initiative, bringing IT jobs to the Motor City and capitalizing on market opportunity to repatriate IT jobs and put people back to work.
GSE Dynamics Inc., Hauppauge, NY
GSE Dynamics is a proven supplier of structural components and assemblies to all branches of the U.S. Department of Defense as well as selected allied nations. GSE Dynamics, Inc. is an industry leader in complex assembly, advanced composites technology, metal fabrication and support processes.
Incyte, Wilmington, DE
Incyte is a drug discovery and development company headquartered in Wilmington, Delaware. They focus on building a proprietary product pipeline of novel small molecule drugs for serious unmet medical needs.
Mainstream Engineering Corporation, Rockledge, FL
Founded in 1986 by Dr. Robert P. Scaringe, Mainstream is a solution-oriented, research, development and manufacturing small business located in Rockledge, FL. Mainstream started out with two R&D contracts from the U.S. Air Force. It now manufactures equipment and performs R&D research for most agencies of the U.S. government and many government prime contractors. Mainstream has continued to have steady growth since 2003, with more than 20% growth each year and sales figures well over $20,000,000 per year. In 2009, a subsidiary of Mainstream Engineering, Rivian Automotive, was created to develop a vehicle that can get 100 miles per gallon. Since its inception, Rivian has grown to employee 25 full time employees and won the Florida Governor’s Diversification Award for Entrepreneurship.
Marlin Steel of Baltimore, Baltimore, MD
Marlin Steel Wire Products LLC is a USA-based and owned manufacturer of custom steel wire baskets, custom steel wire products and manufactures custom sheet metal fabrication products. Marlin Steel manufactures all of its products in Baltimore and exports products to 35 countries. During the recession, Marlin Steel has grown by 50% due to the purchase of state of the art equipment. Additionally, Marlin Steel has purchased $2 million worth of robots in the last three years to fuel growth and relies on a workforce made up of more than 20% engineers.
MedImmune, Gaithersburg, MD
MedImmune develops, manufactures, and markets formulations for use in immunization programs, including live virus vaccines. MedImmune has undergone rapid expansion through the acquisition of U.S. Bioscience and Aviron, and the integration with AstraZeneca in 2007. It has since launched MedImmune Ventures Inc., a wholly-owned capital venture fund.
Natural Baby Company, Bozeman, MT
The Natural Baby Company was started up by Bozeman mother and entrepreneur Kim Ormsby in 2003 to address the absence of quality, eco-friendly parenting products in the market. Since then, Ormsby’s company, which is responsible for everything from design to distribution, has more than tripled its number of employees from five to 15, and in 2010 topped $3.7 million in revenue.
Quality Electrodynamics, Mayfield Village, OH
Quality Electrodynamics designs and manufactures MRI radio frequency coil technology for human body imaging. Founded in 2006 as a small start-up medical device company it is now a $12 million international competitor. The company experienced 686% revenue growth from 2007 to 2010 and increased their percentage of employees by 333% in same timeframe. Forbes ranked QED No. 11 among the nation's top 20 most promising companies.
Ruralogic, Bryan, OH
Ruralogic is a US based IT services provider, headquartered in Bryan, Ohio, specializing in software development, data stewardship and quality management. Ruralogic is committed to repatriating and growing IT jobs that have been off-shored outside the USA. Over the next five years, Ruralogic plans to hire an estimated 200+ IT professionals at each of its three operations centers. Additionally, Ruralogic established a partnership with Northwest State Community College (NSCC) to establish a tailored curriculum. Since establishing the partnership, Ruralogic has extended offers of employment to more than 80% of the individuals graduating from the program.
Schlafly Beer, St Louis, MO
Schlafly is the brand name of beers produced by Saint Louis Brewery, Inc. Currently, the Schlafly brand brews seven styles available year-round, as well as over 25 seasonal brews.
SEABOX, Inc., East Riverton, NJ
SEA BOX, Inc. sells and leases new and used ISO shipping containers, cargo containers, mobile storage containers, and refrigerated containers for scores of applications and diverse, international customer base.
Trans-Matic Manufacturing Company, Holland, MI
Trans-Matic Manufacturing Company manufactures deep drawn metal stampings on high speed transfer presses from 5 to 600 tons.
Unatek, Largo MD
Unatek is an information technology consulting firm with an established niche as a market leader in cyber security solutions. Unatek has focused on reduced spending and has relied on additional employee training to increase productivity.
Vermont Energy Investment Corporation, Burlington, VT
Vermont Energy Investment Corporation (VEIC) is a non-profit organization that specializes in reducing the economic, social, and environmental costs of energy consumption through planning, implementation, and financing of energy programs and projects and by advocating for public policies that maximize cost-effective carbon-reduction through energy efficiency and renewable energy. By 2027, VEIC’s work will result in reducing 20 million tons of CO2 per year, the equivalent of eliminating the need for seven 300 MW coal plants or removing 4 million cars from our roads each year, essentially offsetting twice what the entire state of Vermont produces in total emissions.
About the Senate Democratic Steering & Outreach Committee
The Senate Democratic Steering and Outreach Committee facilitates an ongoing conversation between Senate Democrats and the American public. At the direction of the Chairman, the Committee seeks to inform, engage, and mobilize advocacy groups and constituencies to advance the policies and priorities of the Senate Democratic Caucus. The Committee is dedicated to ensuring that diverse communities have a voice within the Democratic Caucus on key issues facing our nation. The Committee is one of two Democratic Leadership Committees in the Senate. Senator Mark Begich (Alaska) serves as Chairman and Senator Daniel K. Akaka (Hawaii) serves as Vice Chairman of the Committee.
Posted: February 2, 2012