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Texas A&M Engineering entrepreneurs among Aggie 100 (TexasAmEngineeringNewsMechanical?format=xml)
The 100 fastest-growing Aggie-owned or Aggie-led businesses in the world were recognized recently at the 10th Annual Aggie 100 program, sponsored by the Center for New Ventures and Entrepreneurship in the Mays Business School at Texas A&M University.
The Aggie 100 focuses on growth as an indicator of job creation, product acceptance and entrepreneurial vision. Of the companies on the list, three of the Top 10 companies — Southern Green Builders, NRI, Inc., and Team Trident LLC — are owned or led by Texas A&M Engineering graduates and 29 of the 100 companies are owned or led by Aggie engineers.
CIMA ENERGY, LTD., owned by petroleum engineering graduate Thomas K. Edwards ’87, won the Summit Award for the highest three-year average revenue. This is the third year the Summit Award has been presented.
“We are extremely proud of our former students and applaud the success of their entrepreneurial spirit,” said Dr. M. Katherine Banks, vice chancellor and dean of Texas A&M Engineering. “This recognition will motivate and inspire our current students who may someday find themselves among the Aggie 100 in the future.”
**All Aggie engineers making the list (company ranking in parenthesis)**
**Southern Green Builders (2)**
Drew Ondrey ’02, Owner, …
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What's more, the operating profits of the top 50 of these companies is now galloping away at 25.5% per annum, while a stunning 80% of all employees who work for them say they would recommend their place of work to others. Oh, and these businesses saw sales grow by 11% per annum during the recession compared to the rest of the economy which saw only 0.6% growth.