Contech, Inc. Created and Retained 58 Jobs with MBDA Assistance
Contech, Inc. is a General Contractor located in Broken Arrow, OK, with high performance capabilities in the area of site development and concrete. Owner Bryan Adair joined forces with the Tulsa MBDA Business Center with the goal of growing the company. MBDA staff worked with the company to apply for 8(a) certification, and helped open up connections and access to contracting and surety bonding. As a result, Contech secured contracts and capital in excess of $5.5 million in 2012. These efforts retained 39 jobs and created 19 additional jobs.
| Minority Business Community At-A-GlanceA | ||||
| Business Owner | Number of Firms | Gross Receipts ($1000s) | Average Gross Receipts | Paid Employees |
| African American | 10,449 | $653,996 | $62,589 | 6,085 |
| American Indian & Alaska Native | 21,212 | 4,518,481 | 213,015 | 26,627 |
| Asian American | 6,736 | 1,802,217 | 267,550 | 15,673 |
| Native Hawaiian & Pacific Islander | 150 | 18,108 | 120,720 | 136 |
| Hispanic American | 7,663 | 1,661,273 | 216,791 | 8,940 |
| All Minority | 44,941 | 8,614,044 | 191,675 | 56,794 |
| MBDA CLIENT ASSISTANCE BY SECTOR | ||||||
|  | Private Sector | Federal Government | State Government | Local Government | Not Disclosed | Total |
| Dollar Value of Contracts | $4,496,666 | $6,934,560 | $2,475,910 | – | – | $13,907,136 |
| Dollar Value of Capital | 14,472,618 | – | 7,427,730 | – | – | $21,900,348 |
| Number of Contracts | 4 | 6 | 1 | – | – | 11 |
| Number of Capital Transactions | 8 | – | 3 | – | – | 11 |
| TOTAL TRANSACTIONS | 12 | 6 | 4 | – | – | 22 |
| MBDA CLIENT ASSISTANCE BY INDUSTRY | ||
| Number of Transactions | Value of Transactions | |
| Construction | 15 | $27,799,193 |
| Services | 4 | 4,095,588 |
| Wholesale Trade | 3 | 3,912,703 |
» Download FY2012 Report for Oklahoma
Performance’
Published on: 19/04/2017
