Isaiah Industries wins SBA 'Spark Award', a recognition honoring businesses that have "sparked" an extraordinary amount of economic growth and development year after year with no signs of slowing down.
PIQUA, Ohio - May 10, 2019 - illiNews -- U.S. Congressman Warren Davidson (R-OH 8) presented Isaiah Industries, the leading manufacturer of environmentally-friendly residential metal roofing systems, with the first-ever 'Spark Award' by the U.S. Small Business Administration (SBA), a much- anticipated and newly created recognition honoring the accomplishments of SBA-funded small businesses that create economic growth and development.
The Piqua, Ohio-based company co-owners Todd Miller and Kelly Joseph, former college roommates, secured three rounds of SBA funding since starting the company in 1980. "We wouldn't be here today without the SBA," says Joseph. "We were able to parlay that financing into a business which has generated total sales exceeding half a billion dollars and still growing. As college students hanging out in the cornfields of Ohio, we thought we'd be running hot dog stands when we dreamed of being in business one day."
More on illi News
"Since our business has unique capital needs in terms of high inventory and costly manufacturing equipment," says Miller, "traditional banks don't fully appreciate our kind of collateral, which is why SBA has always saved the day." In addition to the SBA, Miller credits this tremendous team, 25 percent of whom have been with the company for over 20 years, as well as his faith, for the success of the business.
Through strategic partnerships with dealers worldwide, the 55-person company ships and produces custom-metal roofing systems to clients across North America, as well as to Japan and the Caribbean. The 185,000 square foot company campus has multiple buildings that can produce nearly 500,000 square feet of roofing daily.
"Isaiah Industries is such a great employer because they produce a product line that's grown exponentially around the globe, while maintaining production and increasing jobs right here in Ohio, said Congressman Davidson. He also reflected on his own career and how he went from the U.S. Army to building a career in business, later starting his own business with the help of an SBA loan.
More on illi News
Other local officials in attendance included Miami County Commissioner Jack Evans; Piqua Mayor Kazy Hinds; Piqua Community and Economic Development Director Chris Schmeising; and Piqua Area Chamber of Commerce President Kathy Sherman.
About the U.S. Small Business Administration: As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. To learn more, visit www.sba.gov.
The Piqua, Ohio-based company co-owners Todd Miller and Kelly Joseph, former college roommates, secured three rounds of SBA funding since starting the company in 1980. "We wouldn't be here today without the SBA," says Joseph. "We were able to parlay that financing into a business which has generated total sales exceeding half a billion dollars and still growing. As college students hanging out in the cornfields of Ohio, we thought we'd be running hot dog stands when we dreamed of being in business one day."
More on illi News
- Perceptum Launches Upgraded Website and New Services Offerings for 21st Century Professionals
- Unity of Chicago South Hosts 'Mind, Body & Soul Expo: A Spiritual Experience'
- Single Black Female at eta Theatre
- Legendary Broadcaster Bill Kurtis Interviews Mayor Rahm Emanuel on the Final Episode of "Chicago Stories" Podcast
- Acumentrics, Inc. to Demonstrate Autonomous Power for Critical Missions During SOFIC 2019
"Since our business has unique capital needs in terms of high inventory and costly manufacturing equipment," says Miller, "traditional banks don't fully appreciate our kind of collateral, which is why SBA has always saved the day." In addition to the SBA, Miller credits this tremendous team, 25 percent of whom have been with the company for over 20 years, as well as his faith, for the success of the business.
Through strategic partnerships with dealers worldwide, the 55-person company ships and produces custom-metal roofing systems to clients across North America, as well as to Japan and the Caribbean. The 185,000 square foot company campus has multiple buildings that can produce nearly 500,000 square feet of roofing daily.
"Isaiah Industries is such a great employer because they produce a product line that's grown exponentially around the globe, while maintaining production and increasing jobs right here in Ohio, said Congressman Davidson. He also reflected on his own career and how he went from the U.S. Army to building a career in business, later starting his own business with the help of an SBA loan.
More on illi News
- World Series Of Fighting Launches Its Grappling Division With "Submission 1" In Las Vegas
- PHCPPros Principals Pass 5-Year Leadership Mark
- RTM Engineering Consultants Announces New Acquisition
- Metric Office Furniture Continues Business Growth
- Naperville: Statement on the DuPage Children's Museum Working Group Decision
Other local officials in attendance included Miami County Commissioner Jack Evans; Piqua Mayor Kazy Hinds; Piqua Community and Economic Development Director Chris Schmeising; and Piqua Area Chamber of Commerce President Kathy Sherman.
About the U.S. Small Business Administration: As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. To learn more, visit www.sba.gov.
Source: Lynn Aronberg Public Relations
Filed Under: Business, Government
0 Comments
Latest on illi News
- Golf Gum™ Combines the Cognitive Benefits of Chewing Gum with the Physical Benefits of Caffeine – an Energy Breakthrough Backed by Science
- Get Matched and #StayAwesome with Oh Hay!
- Hundreds to lace up their shoes & stretch their muscles during the 14th annual western walk
- Mayor Rahm Emanuel and Keeper Security Announce Plans to Add Over 100 Jobs in Chicago Amid Rapid Growth in B2B
- Chicago: Mayor Emanuel Announces Garfield Green Has Won C40 Reinventing Cities Competition to Combat Climate Change
- City of Naperville Honored in Special Ceremony for Earning Coveted Solar Designation
- ONE Brands to Showcase Indulgent Product Roster at Sweets & Snacks Expo
- Florida's Largest Solar Company Advanced Green Technologies Acquires MSC Electric
- East Lake Academy, Chicago's Premiere Private Catholic School, Offers Athletics Opportunities
- Postal Advocate Inc. Hits Over $50 Million In Client Savings!
- Discover grants service provider accreditation to Payhuddle to perform D-PAS Terminal End-to-End Certifications
- GIIB Music Group and Hip Hop Artist CREMSON Proudly Present his Debut Hit Single "SAYING NOTHING"
- Michael Dunbar Selected For 2019 International Sculpture Exhibition In Zhengzhou, China
- Software Leader Axiros Reports Strong Interest In Connect America Fund Test Program
- Chicago: More CPS Students Earn A Full Semester of College Credits Through CCC Than Ever Before
- Allison Eden Studios announces fashion brand inspired by mosaic artwork for interior design with launch party at Bloomingdale's Thurs. 5/16
- Sun Acquisitions welcomes Mike Vaughn as a Senior Advisor
- Mayor Emanuel Joins Chicago Public Schools and Ingenuity Announce $1.5 Million in Grants and Celebrate Progress in Arts Education
- Colbert Packaging Plants Trees with Elementary Students
- MVP Advisory Group Announces Partnership with DynaQuest Technology Services, Inc